FCA Regulations in the financial workplace are a legal requirement to provide financial services and investment advice.

The FCA has “rule-making, investigative and enforcement powers” that it uses to regulate the financial services industry.

The FCA takes no prisoners when it comes to regulating the UK Financial markets.

The FCA is responsible for promoting effective competition and ensuring that relevant markets function well, and for the conduct regulation of all financial services firms.

The FCA states that their overall aims are to ensure that markets and financial systems are sound, stable and resilient, with clear pricing information that consumers can easily understand.

This responsibility has been set out by the government according to the Financial Services Act 2012. To support this primary objective, the FCA has three operational objectives:

To secure an appropriate degree of protection for consumers. To protect and enhance the integrity of the UK financial system. To promote effective competition in the interests of consumers.

Above all without the excellent work of the FCA, the UK financial markets would be in complete disarray. The FCA do a truly fantastic job and are dedicated professionals constantly looking for ways to improve and increase the confidence in the UK financial markets.

Please speak to an advisor if you are in need of further assistance in this field.