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The Financial Services Authority

Financial Services

London

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Since 2001, the Financial Services Authority (FSA) has been the UK's independent regulator for the country's entire financial services industry. In 2013, we're embarking on an exciting journey, as our organisation is replaced by two new regulatory bodies.

Effectively, the FSA will become the Financial Conduct Authority (FCA). We’ll be working to ensure consumers get a fair deal and we’ll focus on regulating conduct within retail – which includes the financial markets and infrastructure that supports those markets.

The second organisation will be a subsidiary of the Bank of England and will be known as the Prudential Regularity Authority (PRA). The PRA will concentrate on the prudent and stable operation of the financial system by regulating deposit-taking institutions, insurers and investment banks that are systematically important.

Until this time, we will continue to operate as the FSA, with the following aims:

- Maintaining market confidence in the financial system
- Protecting and enhancing financial stability
- Securing protection for consumers
- Reducing financial crime

We’ve been working towards this transition for some time, but we’re only at the start of revolutionising regulation. Join us now and you could be part of the FCA and our new adventure.

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