null
US
Sign In
Sign Up for Free
Sign Up
We have detected that Javascript is not enabled in your browser. The dynamic nature of our site means that Javascript must be enabled to function properly. Please read our
terms and conditions
for more information.
Next up
Copy and Edit
You need to log in to complete this action!
Register for Free
761830
C2: Regulation of financial services
Description
CII - Level 4 Diploma R01 - Financial services, regulation, and ethics (C1: UK fin servs industry in European/global context) Mind Map on C2: Regulation of financial services, created by Mark Varela on 16/04/2014.
No tags specified
r01 - financial services, regulation, and ethics
c1: uk fin servs industry in european/global context
cii - level 4 diploma
Mind Map by
Mark Varela
, updated more than 1 year ago
More
Less
Created by
Mark Varela
about 10 years ago
18
0
0
Resource summary
C2: Regulation of financial services
Chancellor of the Exchequer
Annotations:
- direct authority over HM Treasury - direct responsibility for regulation & conduct of business
HM Treasury
Annotations:
- department responsible for regulation under direct authority of the Chancellor
Key legal instruments
Financial Services & Markets Act 2000 (FSMA)
Financial Services Act 2012
New regulatory framework (2010)
Annotations:
- came into effect 1st April 2013
Financial Policy Committee (FPC)
Annotations:
- created within the Bank of England
Prudential Regulatory Authority (PRA)
Annotations:
- subsidiary of the Bank of England - prudential regulation & authorisation of certain larger firms (banks/insurers)
Financial Conduct Authority (FCA)
Annotations:
- conduct & market responsibilities - authorises smaller firms (IFAs) directly
Show full summary
Hide full summary
Want to create your own
Mind Maps
for
free
with GoConqr?
Learn more
.
Similar
Additional Oversight - created from Mind Map
Mark Varela
Mind Map 1
matt_daniells
The Great Gatsby - Theme
Heather Taylor
Sociology
shattering.illus
Physics Revision
Tom Mitchell
CHEMISTRY C1 3
x_clairey_x
USA and Vietnam (1964-1975) - Part 1
Lewis Appleton-Jones
GCSE Chemistry C1.2 - Limestone & Building Materials
chancice.branscombe
Tests for Positive Ions: Flame Test Colours
bella.mort
Carbohydrates
Julia Romanów
Maths: Geometry
noajaho1
Browse Library