top of page

British Financial Regulator Abolished

The UK's banking regulator, the Financial Services Authority (FSA), has been abolished and replaced with two successor organisations.

The changes mark the end of the system set up by the previous Labour government.

From 1 April, the Prudential Regulation Authority (PRA) will ensure the stability of financial services firms and be part of the Bank of England.

0 views0 comments

Comments


bottom of page