FCA
RegulatorsFinancial Conduct Authority
Definition
The Financial Conduct Authority is the conduct regulator for 56,000 financial services firms and financial markets in the UK and the prudential regulator for over 18,000 of those firms. The FCA authorizes and supervises AISPs, PISPs, and other payment service providers in the UK.
Related Terms
Frequently Asked Questions
What is Financial Conduct Authority?
The Financial Conduct Authority is the conduct regulator for 56,000 financial services firms and financial markets in the UK and the prudential regulator for over 18,000 of those firms. The FCA authorizes and supervises AISPs, PISPs, and other payment service providers in the UK.
What does FCA stand for in Open Banking?
FCA stands for Financial Conduct Authority. It is a fundamental concept in Open Banking and PSD2 regulations. The Financial Conduct Authority is the conduct regulator for 56,000 financial services firms and financial markets in the UK and the prudential regulator for over 18,000 of those firms. The FCA authorizes and supervises AISPs, PISPs, and other payment service providers in the UK.
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