The FCA regulates financial firms to ensure high standards of conduct and that the financial services industry remains stable.
Regulated firms are required to give the FCA relevant information about them and their appointed representatives to help the FCA guide firms in maintaining their standards.
The FCA want consumers to be able to trust that the firms that are regulated (or become an appointed representative of a regulated firm) have their best interests at heart by providing them with appropriate products and services.
To achieve the FCA have three objectives, set out for us in the Financial Services Act 2012:
- Protect consumers
The FCA secure an appropriate degree of protection for consumers.
- Protect financial markets
The FCA protect and enhance the integrity of the UK financial system.
- Promote competition
The FCA promote effective competition in the interests of consumers.
PIA First believes regulation is important as it demonstrates an understanding and willingness to conform with a regulatory body, which has the interests of clients and fair competition at its core.
PIA First Limited is authorised and regulated by the Financial Conduct Authority which can be checked here FRN 787261. Registered in England & Wales, company number 07428345. Registered Office: Kemp House, 152 City Road, London EC1V 2NX. VAT number 153 646014