Two new regulators replaced the Financial Services Authority (FSA) on 1 April 2013. The Financial Conduct Authority (FCA) became responsible for the conduct supervision of all regulated financial firms and the prudential supervision of those not supervised by the Prudential Regulation Authority (PRA).

The FCA brings with it a new approach to conduct regulation. It intends to be more judgment led, forward looking and interventionist with a focus on firms’ business models and the potential risks that their activities pose to consumers and financial stability.

Keeping up with the changes will be critically important for BIBA members of all sizes. This section of the BIBA website aims to help members do just that. It is dedicated to regulatory and compliance matters and acts as a repository of information for members, allowing them to access the information they want, when they want it.


Compliance Rules