Professional Indemnity Fractal What is the Financial Conduct Authority?

The Financial Conduct Authority (FCA) is the financial regulatory body in the United Kingdom covering banking, insurance and financial services.

It operates independently of the UK government and is financed by charging fees to members of the financial services industry.

The FCA regulates financial firms providing services to consumers and maintains the integrity of the UK’s financial markets. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

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