Regulators of the UK Financial Services

Financial Regulation Courses (FRC)

Overview

The Regulators of the UK Financial Services course, offered by Financial Regulation Courses (FRC), provides a detailed understanding of the UK financial regulatory landscape.
The course explores the roles and responsibilities of key regulators, including the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), alongside other bodies such as HM Treasury, the Bank of England, and the Financial Ombudsman Service.
Learners will gain insight into the regulatory framework governing financial markets and how these regulators safeguard the financial system while ensuring consumer protection and market integrity.

Learning Objectives

By the end of this course, learners will:

• Understand the structure of UK financial regulation, including the roles of the FCA, PRA, and other key regulatory bodies.


• Learn the statutory objectives and responsibilities of the FCA and PRA in safeguarding financial markets.


• Explore the regulatory framework under the Financial Services and Markets Act (FSMA) 2000 and subsequent amendments.


• Understand the role of HM Treasury, Bank of England, and Financial Policy Committee in maintaining economic stability.


• Learn about the Financial Services Compensation Scheme (FSCS) and Financial Ombudsman Service (FOS) and their roles in consumer protection.


• Explore how European and international regulations such as MiFID and EMIR intersect with UK financial regulation.


• Gain insight into the Market Abuse Regulation (MAR) and its role in preventing insider trading and market manipulation.

Learning Outcomes

Upon successful completion of the course, learners will:

• Be able to navigate the UK financial regulatory framework and identify the responsibilities of major regulators such as the FCA and PRA.


• Confidently apply knowledge of the Financial Services and Markets Act (FSMA) in understanding the legal obligations of financial institutions.


• Understand the role of HM Treasury and Bank of England in shaping financial regulation and maintaining market stability.


• Implement knowledge of the Market Abuse Regulation (MAR) and apply it to ensure compliance in financial markets.


• Analyse the role of the Financial Ombudsman Service (FOS) and Financial Services Compensation Scheme (FSCS) in consumer protection.


• Apply regulatory knowledge to prevent financial crime, market abuse, and ensure consumer protection within financial services.


• Develop strategies for compliance with UK, European, and international financial regulations.