Financial Regulatory Authorities

Financial regulatory authorities are organizations responsible for overseeing banks, financial institutions, and markets to ensure they operate fairly, transparently, and securely. They create and enforce rules to protect consumers, maintain financial stability, and prevent fraud or risky behavior that could threaten the economy. These authorities also license institutions, monitor their activities, and take action if rules are broken. Their role is essential in building trust in the financial system, promoting responsible practices, and safeguarding the economy from crises. Examples include the Federal Reserve in the U.S. and the Financial Conduct Authority in the UK.