What we do - Financial Conduct Authority

What we do

We want consumers to be able to trust that the firms we regulate have their best interests at heart by providing them with appropriate products and services.

To achieve this we have three objectives, set out for us in the Financial Services Act 2012:

  • Protect consumers
    We secure an appropriate degree of protection for consumers.
  • Protect financial markets
    We protect and enhance the integrity of the UK financial system.
  • Promote competition
    We promote effective competition in the interests of consumers.

The UK’s approach to financial regulation also involves several other bodies, each with their own responsibilities and objectives. These bodies include:

Find out more about the other UK agencies and government departments we work with.

Our approach to regulation

We have a proportionate approach, prioritising our work on the areas and firms that pose a higher risk to our objectives. Find out more.

International

A large part of our work is to implement, supervise and enforce EU and international standards and regulations in the UK. Find out more about our international work.

Our approach to regulation

Last Modified: 28/01/2015

We have a proportionate approach, prioritising our work on the areas and firms that pose a higher risk to our objectives.

Protecting consumers

Last Modified: 28/01/2015

We work to protect consumers from the harm that can be caused by bad conduct in the financial services industry.

Enhancing market integrity

Last Modified: 28/01/2015

We aim to support and empower a healthy and successful financial system, where firms can thrive and consumers can place their trust in transparent and open markets.

Promoting effective competition

Published: 27/02/2015     Last Modified: 01/04/2015

We will promote effective competition in the interests of consumers.

Enforcing our rules and fighting financial crime

Last Modified: 28/01/2015

We make sure that firms stick to our rules and take appropriate measures to prevent them from being used as a channel for financial crime.

Business Plan 2015/16

Our Business Plan sets out the activities that we intend to carry out in 2015/16 and incorporates our Risk Outlook.

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