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FSA

About FSA

The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000. We are a company limited by guarantee and financed by the financial services industry. The Treasury appoints the FSA Board, which currently consists of a Chairman, a Chief Executive Officer, two Managing Directors, and eleven non-executive directors (including a lead non-executive member, the Deputy Chairman). The Board sets our overall policy, but day-to-day decisions and management of the staff are the responsibility of the Executive Committee

We are the independent body that regulates the financial services industry in the UK.

We have been given a wide range of rule-making, investigatory and enforcement powers in order to meet our five statutory objectives. In meeting these, we are also obliged to have regard to the Principles of Good Regulation.


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Global Interest Rates

Australia 3.5 %
canada 1 %
japan 0.1 %
swiss 0.25 %
United Kingdom 0.5 %
United States 0.25 %
Europe 0.75 %