The FSA is changing to the Financial Conduct Authority (FCA) this means all
your stationery is no longer valid. Do not worry we are here to offer a cheap
solution, instead of replacing all you current stock, buy a selfing Stamp will
the new details on. We are offering a Maxstamp 4 for the special price of £23.75
+ vat - please contact at
sales@customstampsonline.co.uk or
phone us on 0114 258 4045 using the code FCA35.
See changers below:-
In June 2010, the Chancellor announced the government’s intention to replace
the FSA as a single
financial services regulator with two new successor
bodies, and restructure the UK’s financial
regulatory framework.
In 2013, the FSA will be replaced by two new regulatory bodies that will
carry forward our
philosophy of outcomes-based regulation, intensive firm
supervision and credible deterrence:
• The Prudential Regulation Authority (the PRA), which will be a subsidiary
of the Bank of
England, will be responsible for promoting the stable and
prudent operation of the financial
system through regulation of all
deposit-taking institutions, insurers and investment banks.
• The Financial Conduct Authority (the FCA) will be responsible for
regulation of conduct in
retail, as well as wholesale, financial markets
and the infrastructure that supports those
markets. The FCA will also have
responsibility for the prudential regulation of firms that do
not fall
under the PRA’s scope.
To ensure a smooth transition we have changed our
organisational structure to help us evolve over
the next two years from one
unitary regulator to the proposed new structure.
These changes began on
4 April when we replaced the Supervision and Risk business units with a
Prudential Business Unit (PBU) and a Conduct Business Unit (CBU) within the
continuing FSA.
