The UK Government defines the FCA or Financial Conduct Authority as being the body responsible for;
“the financial services industry in the UK. Its role includes protecting consumers, keeping the industry stable, and promoting healthy competition between financial service providers.”
The FCA regulates the conduct of about 58,000 businesses in the UK involved in Financial Services. As a proud member of the FCA, Mortgage Required is one of those businesses.
The FCA’s purpose is to ensure that the relevant financial markets function well and that consumers and the integrity of the market as a whole are protected.
The FCA is an independent public body funded entirely by the firms they regulate, through the charging of fees. However, they are accountable to the Treasury, which is responsible for the UK’s financial system, and to Parliament.
Mortgage Required is authorised and regulated by the FCA 573718
For more information go to the FCA Website - www.fca.org.uk
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