Define: Financial Services Authority

Business, Legal & Accounting Glossary

Definition: Financial Services Authority



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Full Definition of Financial Services Authority


The FSA is the Financial Services Authority, the regulator which oversees much of the UK financial services industry including investments, insurance, and mortgages.

The FSA has the power to impose fines for breaking the regulations, and in serious cases it can also withdraw authorisation from wrongdoers, effectively closing the company down.

In 2013 the FSA will be replaced by two new organisations, the Prudential Regulation Authority or PRA, and the Financial Conduct Authority or FCA.


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Synonyms For Financial Services Authority


FSA


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Financial Services Authority. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/financial-services-authority/ (accessed: April 06, 2020).
American Psychological Association (APA):
Financial Services Authority. PayrollHeaven.com. Retrieved April 06, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/financial-services-authority/

Definition Sources


Definitions for Financial Services Authority are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February, 2020