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We are just one of the UK’s 2 brand-new economic regulatory authorities, functioning along with the Prudential Regulation Authority (PRA). With each other, we change the Financial Services Authority.
Exactly what the FCA is below to do:
We will certainly monitor 26,000 UK companies. Our objective is making economic markets function well, as well as by doing this we guarantee a reasonable sell monetary solutions. We will certainly do this by:
– Securing a suitable level of customer defense
– Promoting efficient competitors for customers
– Enhancing the stability and also securing of the UK economic system