Responsible for supervising banking, insurance and investment, including securities and futures. Being under the Ministry of Finance together with the Bank of England (BOE), FSA is responsible for the management of financial undertakings, while BOE's main task is to maintain financial stability.

FSA is the most authoritative and strict financial supervision institution in the world, and it examines and approves customers' funds and operating specifications once a year. If you violate the regulations, you will be punished and even your license will be revoked.