The Financial Services Authority (FSA) is the independent non-governmental regulator of the financial services industry in the UK. It is its job to regulate banks, financial advisors, mortgage providers as well as insurance, life and pension companies. It is accountable to the Treasury. The FSA was established as a result of the Financial Services and Markets Act 2000 and has a wide range of rule-making, investigatory and enforcement powers. One of its main priorities is to make sure that consumers get a fair deal from retail financial service products and providers.
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