FSA Publishes Paper on FCA's Approach to Regulation


On June 27, the UK Financial Services Authority (FSA) published a paper on the regulatory approach of the new Financial Conduct Authority (FCA), which will be one of two regulatory agencies scheduled to replace the FSA in 2013, the other being the Prudential Regulation Authority (PRA).

The paper sets out the FSA's initial thinking on how the FCA will approach the delivery of its statutory objectives. It covers the FCA's...

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