The FSA was responsible for regulating financial services in the UK. The regulatory objectives set out in the statute were market confidence, financial stability, the protection of consumers, and the reduction of financial crime1.

In the site's articles, it appears in cases where it imposed financial penalties. In June 2012, it fined Barclays over submissions for LIBOR and EURIBOR2. The Financial Conduct Authority (FCA) took over its conduct regulation, and the prudential regulation of banks and similar firms is handled by the Prudential Regulation Authority (PRA)3.

The Financial Services Agency of Japan is also abbreviated FSA, but it is a different body. On this site, the UK body is written as the Financial Services Authority and the Japanese body as the Financial Services Agency.

Notes

  1. FSMA 2000, sections 1 and 2 (checked on October 13, 2026; version as at December 19, 2012). Section 1 establishes the FSA, and section 2(2) sets out the regulatory objectives (market confidence, financial stability, protection of consumers, reduction of financial crime). ↩

  2. FSA Final Notice (Barclays, June 27, 2012; checked on October 13, 2026), paragraphs 1 and 3. They state that the FSA imposed a penalty on Barclays and that LIBOR and EURIBOR are benchmark rates for interest rate derivatives. ↩

  3. FCA, "About the FCA" (checked on October 13, 2026), "Our role" ("taking over conduct and relevant prudential regulation from the Financial Services Authority (FSA)") and "How we operate" (describes the PRA as the prudential regulator of banks and similar firms). ↩