Financial Services Authority

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Related to Securities and Investments Board: FSA, Financial Services Authority

Financial Services Authority

The primary regulatory body for the British financial industry. It is a non-government agency, though its board of directors is appointed by HM Treasury. It is charged with maintaining efficiency and competition in banking, insurance and the securities trade. It also is responsible for protecting consumers insofar as possible. It was established in 2001.

Financial Services Authority (FSA)

a body which is responsible for regulating all aspects of the provision of financial securities and investment under the FINANCIAL SERVICES ACT, 1986 (as amended by the Financial Services and Markets Act, 2000). Previously this task was split between various other organizations, including the Securities and Futures Authority, Personal Investment Authority and the Investment Management Regulatory Organization.

Financial Services Authority (FSA)

a body that is responsible for regulating all aspects of the provision of financial securities and investment under the FINANCIAL SERVICES ACT 1986 (as amended by the Financial Services and Markets Act 2000). Previously this task was split between various other organizations, including the Securities and Futures Authority, Personal Investment Authority and the Investment Management Regulatory Organization. See SELF-REGULATORY ORGANIZATION.
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