Financial Services Authority (FSA) - Financial definition
Financial acronyms
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Country
: United Kingdom
Concise definition of the term Financial Services Authority
The Financial Services Authority was a regulatory body for the financial services industry in the United Kingdom between 2001 and 2013.
Comprehensive definition of the term Financial Services Authority
In the wake of the financial crisis of 2007-08, the UK decided to restructure financial regulation. Since 2013, the FSA's responsibilities are split between two new agencies: the Financial Conduct Authority and the Prudential Regulation Authority of the Bank of England.