FSA - Financial Services Authority
The Financial Services Authority – the FSA - is responsible for maintaining standards in the finance industry (not just the secured loans and brokers area as with FISA) and also ensuring that consumer confidence in the finance industry is maintained.
In operation since 1997, the FSA is an independent organisation in which the government plays no active role. It also operates training courses for FSA members and helps in the fight against financial fraud and other criminal activities within the financial sector.
The Financial Services Authority is also able to impose fines on those who breach their codes of conduct.
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