Regulatory Organizations from Other Countries

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the United Kingdom

Both of these institutions took over as the financial industry's regulatory bodies on April 1, 2013, after the Financial Services Authority (FSA) was decommissioned.

The Financial Conduct Authority is an Ngo that is funded by the companies it regulates and reports to a Treasury-appointed authority.

Financial advisers, asset managers, and several other organisations not covered by the PRA are regulated in order to protect customers, preserve industry stability, and promote healthy competition in the financial services industry.

Website of the FCA: https://www.fca.org.uk

The Prudential Regulation Authority, which is part of the Bank of England, is responsible for regulating and supervising banks, credit unions, big investment businesses, and insurers in order to support a healthy UK financial system.

Website for the PRA: https://www.bankofengland.co.uk/pra

Finanstilsynet: Denmark

The Danish Financial Supervisory Authority (FSA) was established in January 1988 and is responsible for taking care of financial movements in Denmark. Members of the FSA are closely scrutinized in order to protect investors and avoid market manipulation.

The website of Finanstilsynet is https://www.dfsa.dk/.

Switzerland: The Swiss Federal Department of Finance is in charge of the country's finances.

In 1848, the Federal Department of Finance, or FDF, was established. The Swiss Financial Market Supervisory Authority, or FINMA, regulates banks, securities dealers, and stock trades, while the FDF oversees financials in Switzerland.

In Switzerland, FINMA operates as the big brother and does the same thing as the other regulatory authorities.

Website of the FDF: https://www.efd.admin.ch/efd/en/home.html

FINMA's website can be found at https://www.finma.ch/en/.

Association Romande des Intermediaries Financiers: Switzerland

This body is similar to FINMA in that it is established in Switzerland, but it is located in the French-speaking region of the country. ARIF was established in 1999. It, too, functions as a regulatory body, with members obeying some set of rules and regulations.

ARIF's website can be found at https://arif.ch/en/.

Securities and Futures Commission of Hong Kong

Due to the failed efforts of two governing agencies, the Hong Kong Securities and Futures Commission (SFC) was established in May 1989. The SFC take up command as a single corporation. It keeps track of all futures and securities transactions in Hong Kong.

SFC's website: https://www.sfc.hk/en/

The Australian Securities and Investments Commission (ASIC)

Is Australia's business regulator, having been established in 1991. Companies, financial markets, and financial service corporations, as well as insurance and credit, are all regulated by ASIC.

The organization's goals is to keep the market environment fair.

The Australian Securities and Investments Commission's website is https://asic.gov.au/.