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Est. 1989

Financial Services Act 2012

Licensed UK Insolvency Practitioners FREE Meeting for Company Directors

We can help with serious company debts, HMRC and creditor pressure, VAT/PAYE/Tax arrears, cashflow problems and raising finance.

Financial Services Act 2012

Reviewed: 29th May 2014

The Financial Services Act 2012 is an act of parliament that introduced and implemented a regulatory framework design to replace the Financial Service Authority with three new regulatory bodies:

  • Financial Conduct Authority (FCA) – An agency assigned with the task of maintaining the integrity of financial markets and regulating retail and wholesale financial firms that offer services to consumers.

  • Prudential Regulation Authority (PRA) – A part of the Bank of England responsible for the supervision and regulation of banks, insurers, building societies, major investment firms, and credit unions. In essence, it sets the standards for financial firms and monitors the conduct of each individual firm.

  • Financial Policy Committee (FPC) -- A committee modelled after the Monetary Policy Committee, given the responsibility of monitoring economic activity in the United Kingdom. Any risks identified by the committee are passed on to the PRA for further investigation.

If you have any curiosities about UK law or business rescue options, feel free to contact our licensed insolvency practitioners. If you’d prefer a free phone consultation you can call our directors’ support hotline on 0800 644 6080. Real Business Rescue provide director advice online, over the phone, or in-person at one of our 55 UK offices or a place of your convenience.


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Who we help

  • Company Directors
  • Finance Directors
  • Sole Traders
  • Accountants
  • Small Businesses
  • Large Businesses
  • Partnerships

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Jonathan Munnery
Andrew MacKenzie
Julie Palmer
Thomas Mckay
Keith Tully
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55
Number of UK Offices
30000
Directors Helped
70+
Licensed Insolvency Practitioners