What is FCA (Financial Conduct Authority)?

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The **Financial Conduct Authority (FCA)** is the conduct regulator for nearly 50,000 financial services firms and financial markets in the United Kingdom, established under the Financial Services Act 2012 with a strategic objective to ensure relevant markets function well and three operational objectives: protecting consumers, enhancing market integrity, and promoting competition.

FCA (Financial Conduct Authority)

What is FCA (Financial Conduct Authority)?

What are the core mandate and three operational objectives of the Financial Conduct Authority (FCA)?

How does the FCA enforce Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance across UK financial institutions?

What are some recent examples of significant FCA enforcement actions and the financial penalties imposed for compliance failures?

How is the FCA adapting its regulatory framework to address financial innovation, such as in the areas of FinTech and digital assets like cryptocurrency?

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