| Agency overview | |
|---|---|
| Formed | December 2001 |
| Dissolved | April 2013 |
| Superseding agency | |
| Jurisdiction | United Kingdom |
| Headquarters | 25 North Colonnade London,United Kingdom |
| Employees | 3,800 |
| Agency executive |
|
| Website | www.fsa.gov.uk |
TheFinancial Services Authority (FSA) is a group who regulate banks and otherfinancial companies in theUnited Kingdom. Itsboard is appointed by theTreasury and the organisation is structured as a company limited by guarantee and owned by theUK government.[1] Its main office is based inCanary Wharf,London, with another office inEdinburgh. When acting as the competent authority for listing of shares on astock exchange, it is referred to as theUK Listing Authority (UKLA).[2]
The FSA's Chairman and CEO areLord Turner of Ecchinswell[3] andHector Sants.
On June 16, 2010, theChancellor of the Exchequer,George Osborne, announced plans to abolish the FSA and separate its responsibilities between a number of new agencies and theBank of England.[4]
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