FCA definition

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The FCA, or Financial Conduct Authority, is the United Kingdom’s financial regulatory body. It is the successor to the FSA, or Financial Services Authority.

Founded in December 2012 (but only active from 2013 onwards), the FCA’s remit is to regulate the conduct of all retail and wholesale firms in the financial services industry. That includes banks, mutual societies, financial advisors and brokers.

The FCA operates independently of the UK government. Its financing is handled by fees levied on businesses and members of the financial services industry.

IG Index and IG Markets are authorised and regulated by the FCA.

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