About the FCA

The FCA are about creating a fair and more resilient financial system. They’re establishing more transparent relationships between financial services and customers, building trust in financial markets and protecting vulnerable consumers.

The FCA are currently on an exciting journey as they drive forward significant organisational. people, process and technology transformation to become a more forward-thinking, proactive regulator. 

Significant improvements in digital enablement, business interlligence, market data and information management maturity are all being pursued to maintain our position as a world leader in financial services regulation.

Financial markets must be honest, competitive and fair so consumers get a fair deal. They FCA work to ensure these markets work well for individuals, for businesses, and for the growth and competitiveness of the UK economy.

They do this by:

• regulating the conduct of nearly 45,000 businesses
• prudentially supervising around 44,000 firms
• setting specific standards for around 17,000 firms

They focus on reducing and preventing serious harm, setting higher standards and promoting competition and positive change.

The FCA were established on 1 April 2013, taking over conduct and relevant prudential regulation from the Financial Services Authority (FSA).

They work across the UK with a head office in London, offices in Leeds and Edinburgh and colleagues in Belfast and Cardiff.