Financial Services Authority (FSA) - Meaning

23Nov, 23

Financial Services Authority (FSA) - Meaning

An agency that regulates most financial services markets, exchanges and firms in the UK. It sets the standards that they must meet and can take action against firms if they fail to meet the required standards. The FSA will be replaced by the Prudential regulatory Authority (PRA) and the Financial Conduct Authority (FCA) in 2013.