Financial Conduct Authority (FCA)

Definition:

The successor to the UK Financial Services Authority (FSA) which regulates the United Kingdom’s financial and securities markets. The Financial Conduct Authority (FCA) also has primary market functions pursuant to which it: (i) makes and amends the UK Listing Rules (UKLR) and the Disclosure and Transparency Rules; (ii) monitors issuers and their shareholders and directors for compliance with those rules; and (iii) approves prospectuses. The Financial Conduct Authority (FCA) was previously referred to as the UK Listing Authority (UKLA) when performing these primary market functions.

Return to Glossary