On July 31, the FSA Financial Services Authority (FSA) published a set of FAQs on the transition from the FSA to the successor regulator, the Financial Conduct Authority (FCA). The FSA intends to publish an “Approach Document” in October providing more detail on how the FCA will work. The FSA will be succeeded by the FCA and the Prudential Regulation Authority on a date yet to be fixed in early 2013.
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