UK regulatory framework

The UK regulatory framework consists of rules and institutions that govern various sectors, ensuring safety, fairness, and transparency. Key bodies include the Financial Conduct Authority (FCA) for financial services, the Competition and Markets Authority (CMA) for market competition, and Ofcom for communications. These organizations set standards, monitor compliance, and enforce laws to protect consumers and maintain market integrity. Regulations cover areas like finance, health, environment, and data protection, aiming to balance public interest with economic growth while adapting to changes in society and technology.