FSA is now FCA & PRA

[charitynjw]

http://ukgicompliance.co.uk/fca

In April 2013, the FSA was replaced by two new regulatory bodies,The Prudential Regulation Authority (the PRA) and The Financial Conduct Authority (the FCA).

The Prudential Regulation Authority (the PRA) is a subsidiary of the Bank of England, and is responsible for promoting the stable and prudent operation of the financial system through regulation of all deposit-taking institutions, insurers and investment banks.

The Financial Conduct Authority (the FCA) is responsible for regulation of conduct in retail, as well as wholesale, financial markets and the infrastructure that supports those markets. The FCA also has responsibility for the prudential regulation of firms that do not fall under the PRA’s scope.

See also http://www.osborneclarke.co.uk/publi...-break-up.aspx

[Bill-K]

Re: FSA is now FCA & PRA

A rose, by any other name, would smell as sweet ?

Nah, sez I.

Same manure - new bucket. That's all.

[charitynjw]

Re: FSA is now FCA & PRA

A rose, by any other name, would smell as sweet ?

Nah, sez I.

Same manure - new bucket. That's all.

So young, yet so cynical

[leclerc]

Re: FSA is now FCA & PRA

I hate to say this so I won't

[Bill-K]

Re: FSA is now FCA & PRA

So young, yet so cynical

Settle, petal. I may still be clinging to the remnants of my mis-spent youth, but I know a crock of $h1t when I see one !!! There are some beautiful roses growing at the end of my rainbow, though. :tinysmile_kiss_t4: