United Kingdom

Details

  • Industry: Financial Services, Banking
  • Type: Business and industry issue, Publication series
  • Date: 14/06/2013

The new UK supervisory framework: opportunities and challenges 

On 1 April 2013, the UK saw the completion of the legal transition from the Financial Services Authority to the new regulatory bodies: the Financial Policy Committee (FPC); the Prudential Regulation Authority (PRA); and the Financial Conduct Authority (FCA). This is a significant event in the Regulatory Reform Programme and as with any new structure, it will bring fresh challenges for the financial services industry.

 

The report summarises the key challenges, and opportunities, that firms need to consider following the introduction of the new UK supervisory framework.  

 

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