UK Regulatory Bodies Flashcards
1
Q
Financial Conduct Authority
A
Firms in retail and wholesale financial markets
infrastructure that supports markets
firms not under PRA
monitors firms compliance with MarketAbuseDirective and market abuse
prosecute insider trading
2
Q
Financial Control Department
A
Department of a securities firm responsible for managing financial resources
3
Q
Financial Policy Committee
A
within BofE
macro prudential regulation or regulation of stability and resiliency of whole financial system
4
Q
Prudential Regulation Authority
A
financial firms with significant risks on balance sheets
insurance, deposit taking institutions
5
Q
A
