What we do - Financial Conduct Authority

What we do

We regulate the financial services industry in the UK. Our aim is to protect consumers, ensure our industry remains stable and promote healthy competition between financial services providers.

We have rule-making, investigative and enforcement powers that we use to protect and regulate the financial services industry. We are fair and principled in our approach to regulation.

Read this section to find out how we regulate financial services providers and what we do to protect consumers.

Find out what we do to reduce financial crime and what action we take when a firm acts unethically or disregards consumer interests.

 

Regulating

Published: 15/07/2014

We supervise the conduct of over 50,000 firms, and regulate the prudential standards of those firms not covered by the Prudential Regulation Authority.

Protecting

Published: 24/07/2014

We regulate the financial services industry to ensure firms stick to the rules and consumers don’t fall victim to scams or get tied in to unfair contracts.

Championing

Published: 24/07/2014

We aim to ensure the financial services industry treats consumers fairly and keeps to our rules and standards.

Enforcement

Published: 28/03/2013

The job of enforcement is to help the FCA change behaviour by making it clear that there are real and meaningful consequences for those firms or individuals who don’t play by the rules.

Annual Report 2013/14

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Our Annual Report 2013/14 covers our first year in operation.

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