Our responsibilities

Our responsibilities include contributing to the protection and enhancement of the UK financial system.

Our goals are clear. We act to:

• Maintain market confidence
• Ensure consumers are protected
• Contributing to the protection and enhancement of the stability of the UK financial system
• Target and reduce financial crime.

Working for the FSA means that you are personally contributing to safeguarding the interests of consumers. Our remit and power to influence policy and the way financial institutions operate, is designed to ensure the stability of the financial system, as well as facilitating and championing fair and orderly markets.

The work of the FSA is varied and is an ideal starting point for those interested in a career in finance. Typical work includes:

• Authorisation: Controls new entrants and people into the market to ensure they meet minimum standards
• Policy: Determines the principles of regulation in the UK and influences these at a European and international level
• Supervision: Monitors firms to ensure they are complying with regulation, challenges firms on the outcomes of their actions as well as compliance with the FSA rules.
• Risk: Identifies and monitors specific risks to the financial system and provides technical expertise to other areas of the business.
• Enforcement: Investigates and penalises firms and individuals who break the rules in order to ensure there is suitable deterrence against malpractice.