English version

Financial Services Authority, the

From Longman Dictionary of Contemporary EnglishFinancial Services Authority, thethe Financial Services AuthorityFinancial Services Authority, the // (abbreviation FSA)  an organization that controlled the financial services industry in the UK from 2001 to 2013. From Longman Business DictionaryFinancial Services AuthorityFiˌnancial ˈServices Auˌthority abbreviation FSA nounORGANIZATIONSFINANCEBANKING an organization that in 1997 took control of REGULATION (=making sure that laws are obeyed) of the British financial services industry from the nine separate organizations which previously had been responsible for banking, insurance etcThe Financial Services Authority regulates the sale and marketing of most investment products.
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