Financial conduct authorities

Financial Conduct Authorities are independent organizations responsible for regulating and overseeing financial services such as banking, investment, and insurance. They ensure companies follow laws designed to protect consumers, promote fair competition, and maintain the integrity and stability of financial markets. By supervising firms and enforcing rules, they aim to prevent misconduct, reduce financial risk, and foster trustworthiness within the financial sector. Essentially, they serve as watchdogs to make sure financial services operate transparently, ethically, and in the best interest of the public.