FSA - Financial Services Authority. The agency appointed by the Government to oversee the regulation of the investment industry. On 1 December 2001 the FSA assumed its full powers and responsibilities under the Financial Services and Markets Act 2000. It is now the single statutory regulator responsible for regulating deposit taking, insurance and investment business. The Securities and Futures Authority (SFA) and the other self regulating organisations which formerly authorised and regulated investment businesses, under the umbrella of the FSA, no longer separately exist.
FSA : financial services authority. the agency appointed by the government to oversee the regulation of the investment industry. on 1 december 2001 the fsa assumed its full powers and responsibilities under the financial services and markets act 2000. it is now the single statutory regulator responsible for regulating deposit taking, insurance and investment business. the securities and futures authority (sfa) and the other self regulating organisations which formerly authorised and regulated investment businesses, under the umbrella of the fsa, no longer separately exist.
FSA