FINANCIAL SERVICES AUTHORITY Definition & Meaning

Financial Services Authority

noun

(in the United Kingdom) a regulatory body that oversees London's financial markets, each of which has its own self-regulatory organization: it succeeded the Securities and Investments Board FSA

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Example Sentences

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At the start of his tenure, the Bank assumed responsibility for financial regulation after the abolition of the Financial Services Authority.

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Securities and Exchange Commission, Japan's Financial Services Authority and regulators in Britain, Germany and France commit to applying the body's recommendations.

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Davies has been a key figure in the City of London for four decades, having previously held roles including chairman of regulator the Financial Services Authority and deputy governor of the Bank of England.

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Britain previously had one main financial regulator, the Financial Services Authority, which was scrapped after undercapitalised banks had to be bailed out by taxpayers in the 2007-09 global financial crisis, leading to the creation of the standalone FCA and a new PRA at the BoE.

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Barclays' legal department, the UK regulator the Financial Services Authority and the US Department of Justice all had access to this evidence.

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financial planning Financial Times Industrial Ordinary Share Index

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