An in-depth look at the UK Financial Services Act of 2012, its historical context, key events, components, and implications for the financial system and regulatory framework.
The Financial Services Authority (FSA) was an independent body established in 1997 to regulate the financial services industry in the UK. It aimed to maintain market confidence, promote public understanding of the financial system, ensure consumer protection, and reduce financial crime. In 2013, the FSA was replaced by the Financial Conduct Authority and the Prudential Regulation Authority.
An in-depth examination of the Financial Services Authority (FSA) in the UK, including its history, structure, importance, and its eventual replacement by other regulatory bodies.
An in-depth examination of the Prudential Regulation Authority (PRA), its role, objectives, history, and significance in the UK's financial regulatory framework.
The Prudential Regulation Authority (PRA) is an agency under the Bank of England responsible for the prudential supervision and regulation of the UK financial system, promoting safety, soundness, and policyholder protection.
Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.