Our data shows 98% of applications for authorisation were determined within the statutory deadline. #FinancialRegulation #FinancialServices
Financial Conduct Authority
Financial Services
Stratford, London 353,977 followers
We aim to make markets work well – for individuals, for business, large and small, and for the economy as a whole.
About us
We work to ensure financial markets work well for individuals, for businesses and for the economy as a whole. We do this by: - regulating the conduct of approximately 50,000 businesses - prudentially supervising 48,000 firms - setting specific standards for around 18,000 firms We were set up on 1 April 2013, taking over conduct and relevant prudential regulation from the Financial Services Authority (FSA). Our Head Office is based in London, and we work across the UK, from our office in Edinburgh and via colleagues in Belfast and Cardiff. Firms and individuals must be authorised or registered by us to carry out certain activities. Before we grant authorisation, firms must demonstrate that they meet a range of requirements. We then supervise these firms to make sure they continue to meet our standards and rules after they’re authorised. If firms and individuals fail to meet these standards, we have a range of enforcement powers we can use. We work alongside the Prudential Regulation Authority (PRA), the prudential regulator of around 1,500 banks, building societies, credit unions, insurers and major investment firms.
- Website
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http://www.fca.org.uk
External link for Financial Conduct Authority
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Stratford, London
- Type
- Government Agency
- Founded
- 2013
- Specialties
- Financial services, Regulation, Consumer protection, Market confidence, Financial stability, and Reduction of financial crime
Locations
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Primary
12 Endeavour Square
Stratford, London E20 1JN, GB
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1st Floor, Quayside House
127 Fountainbridge
Edinburgh, EH3 9QG, GB
Employees at Financial Conduct Authority
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Enrique Angulo
Data Programme Manager at Financial Conduct Authority | FIP, CIPP/E, CIPM, CIPT, MSP, PMP, Prince2
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Lucinda Craig
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Harald Walkate
Advisor on Sustainable Finance & Financing Sustainability: Route17 & Finding Ways Ahead | Senior Fellow University of Zurich CSP | Pianist & Composer
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Elisa Menardo
Deputy Head, Governmental Affairs EMEA, UBS; Member of the FCA Secondary Markets Advisory Committee and charity NED
Updates
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In a speech at our Consumer Duty: 1 year on event, Sheldon Mills highlights the changes firms have made to deliver better consumer outcomes, how our approach to the Duty promotes more effective competition and innovation, and areas of focus following this milestone. #FinancialServices #FinancialRegulation #ConsumerDuty #Innovation #Growth #Competition
Taking the leap on the Consumer Duty
fca.org.uk
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In an interview with Özge Ibrahim, our Chief Executive Nikhil Rathi explains the latest update into the review of the motor finance market. Listen to podcast🎙️on our website https://lnkd.in/es4vGM6V #MotorFinance #CarFinance #Podcast #FinancePodcast #FinancialServices #FinancialRegulation
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We’re proposing to extend the pause on time firms have to respond to certain motor finance complaints while we continue to review whether customers have been overcharged. Respond to our Consultation by 28 August 2024. #MotorFinance #CarFinance #FinancialRegulation #FinancialServices
CP24/15: Extending the temporary changes to handling rules for motor finance complaints
fca.org.uk
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We want to find out where we can simplify our retail conduct rules and guidance to help reduce the burden on firms and support growth. Have your say by 31 October 2024. #FinancialServices #FinancialRegulation #CallForInput #EconomicGrowth #ConsumerDuty
Review of FCA requirements following the introduction of the Consumer Duty
fca.org.uk
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Innovation is important to growth in UK financial services. Watch our video with Jessica Rusu and Helene O. to find out how we support firms to launch innovative products and services https://lnkd.in/eineCc-M #FinancialServices #FinancialRegulation #Innovation #FCASandbox #UKGrowth #UKCompetitionandGrowth
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Read our review of firm treatment of domestic Politically Exposed Persons (PEPs), and the application of our current Guidance. We’ve also launched a consultation on targeted changes to our Guidance on how firms should treat PEPs. We expect all firms to draw relevant lessons from our findings. #FinancialRegulation #FinancialServices #AntiMoneyLaundering #PEPs
The treatment of politically exposed persons
fca.org.uk
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Our new listing rules are the biggest changes to the UK listing regime in more than 3 decades. The rules will make it easier for companies to go public, with a single listing category and streamlined eligibility. #NewListingRules #Listings #StockMarket #UKGrowth #Investors #FinancialServices #FinancialRegualtion
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Learn about the impact of the Consumer Duty and our priorities for the year ahead. Register for the live event on 31 July. #ConsumerDuty #Webinar #ConsumerProtection #FinancialServices #FinancialRegulation
FCA - Consumer Duty: 1 year on
webinars.fca.org.uk
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We were proud to host a transformative Data Innovation for Future of Regulation (DIFOR) conference, bringing together regulatory authorities from around the world. By sharing insights and best practice, we collectively enhance our ability to foster innovation while ensuring robust regulatory frameworks that protect consumers and promote market integrity. We thank all participants for their invaluable contributions. #FinancialServices #FinancialRegulation #FinancialMarkets #RegulatoryAuthorities #DataInnovation #InternationalCollaboration #MarketIntegrity #ConsumerProtection #GlobalConference