The Financial Conduct Authority (FCA) is the UK's primary conduct regulator for financial services, overseeing firms and markets to ensure honesty, fairness, and effectiveness.
The Financial Conduct Authority (FCA) is the United Kingdom's primary conduct regulator for financial services. Established in 2013, the FCA oversees the honesty, fairness, and effectiveness of firms and markets operating in the UK. Its regulatory scope covers a broad range of the financial sector, including banking, insurance, asset management, and pensions.
The authority is responsible for supervising a significant portion of the UK's financial industry, overseeing approximately 42,000 to 56,000 firms. Its role is to ensure that financial markets function well, consumers are protected, and industry standards are maintained.
