ERM frameworks [30]

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Bullet points include: Financial Services Authority (FSA) replaced on 1 April 2013 by: Prudential Regulation Authority (PRA), subsidiary of Bank of England, Financial Conduct Authority (FCA). Many financial entities regulated just by FCA e.g. (many) insurance brokers, asset managers. Most banks and insurers are dual regulated. PRA: capital requirements. FCA: conduct of business. Overarching Financial Policy Committee (financial stability remit)

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