The Financial Conduct Authority (FCA) is the regulatory body responsible for overseeing the financial services industry in the United Kingdom. It was established in 2013, replacing the Financial Services Authority (FSA), and operates independently of the UK government.
The FCA's primary objective is to ensure that financial markets are fair, transparent, and operate with integrity. It regulates various sectors within the financial services industry, including banks, insurance companies, investment firms, and consumer credit firms.