Module 22 : The Financial Services and Markets Act
Summary / What you Will Learn: What is it? Companies regulated under the Act Regulatory framework The Financial Services Authority Financial Services Compensation Scheme Financial Services Ombudsman Services 22.1 What is it? The Financial Services and Markets Act 2000 (FSMA) was released in the UK by Parliament to fight financial crime throughout the country. The Act is responsible for the Financial Services Authority's (FSA) creation. It also gave the FSA the power t...
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