UK Financial Conduct Authority

The UK Financial Conduct Authority (FCA) is a regulatory body responsible for overseeing financial markets and firms in the UK. Its main roles include protecting consumers, promoting competition, and ensuring that financial markets operate fairly and transparently. The FCA sets rules that financial institutions must follow and monitors their adherence to these regulations. It aims to prevent financial crime, such as fraud, and ensures that companies treat their customers fairly. By maintaining high standards in the financial sector, the FCA helps to build trust and stability in the UK economy.