Articles
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Prudential Regulation Authority
Prudential Regulation Authority (PRA): Regulatory Overview and Functions Introduction The Prudential Regulation Authority (PRA), a division of the Bank of England, is responsible for the prudential regulation and supervision of banks, building societies, credit unions, insurers, and major investment firms operating within the United Kingdom. Established under the Financial Services Act 2012, the PRA […]
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The Financial Services Authority.
What is the Financial Services Authority and what part does it play if i need to claim compensation from financial advisors?
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Financial Services Compensation Scheme:
The Financial Services Compensation Scheme pays compensation if your financial service provider is held to be “in default”.