Prudential Regulation Authority

Prudential Regulation Authority

The UK’s Prudential Regulation Authority (PRA) became responsible for the prudential regulation and supervision of banks, building societies, credit unions, insurers and major investment firms on April 1st 2013. Top stories [wp_rss_multi_importer category=”33″ maxperpage=”10″] Prudential Regulation Authority Responsibilities In total the PRA regulates around 1,700 financial firms. The Prudential Regulation Authority is part of the Bank […]

Financial Conduct Authority

Financial Conduct Authority

The UK’s Financial Conduct Authority (FCA) regulates the financial services industry in the UK. Its aim is to protect consumers, ensure the industry remains stable and promote healthy competition between financial services providers. Responsibilities of the Financial Conduct Authority The FCA has rule-making, investigative and enforcement powers that are used to protect and regulate the financial […]

Financial Services Act 2012

Financial Services Act 2012

The UK’s Financial Services Act 2012 came into force on April 1st 2013 and implements the Government’s commitment to strengthen the financial regulatory structure in the UK. The legislation delivers significant reform of the current regulatory system, which divides responsibility for financial stability between the Treasury, the Bank of England and the Financial Services Authority (FSA). […]

Enterprise and Regulatory Reform Bill

Enterprise and Regulatory Reform Bill

The UK Government has published the Enterprise and Regulatory Reform Bill, one of the key measures outlined in the recent Queen’s Speech to encourage economic growth. [s2If !is_user_logged_in()] Please login to read the article [/s2If] [s2If current_user_can(access_s2member_level1)] The Bill aims to: improve the employment tribunal system Encourage parties to come together to settle their dispute before an employment tribunal […]