Financial services authority regulations

Its board was appointed by the Treasury, although it operated independently of government. It was structured as a company limited by guarantee and was funded entirely by fees charged to the financial services industry. Financial Services Authority. FSRA is committed to achieving safety, fairness and choice in non-securities financial services.

Its role includes protecting consumers, keeping the industry stable, and promoting healthy competition.

After a decade of global regulatory reforms defined by the financial crisis and misconduct issues, the regulatory environment is changing profoundly. Mutual Funds Regulations. Supervision by DFS may entail chartering, licensing, registration requirements, examination, and more. As a prudential regulator, it has a general objective to promote the safety and soundness of the firms it regulates. CIMA is the authority to issue and redeem the Cayman Islands currency and plays an advisory and regulatory role.

We help manage the monetary affairs of the Cayman Islands. For a better experience on Cayman Islands Monetary Authority , update your browser.

Furthermore, financial instability can damage the broader economy. Our Registry is responsible for nine registers. Our role is to promote stability and efficiency in the financial system as well as to ensure an effective consumer protection. We authorise, supervise and monitor all companies operating in Swedish financial markets. Floor Francis Compton Building Waterfront, Castries St.

The Federal Reserve, commonly. Plan and trust administration, financial transaction reporting, financial institution regulation and more. The Most Reliable Nutraceutical Industry News on the Internet! From herbs and botanicals to beverages, supplements and functional food news.

Rules which apply to PRA-regulated persons are set out in the PRA Rulebook. FRA issues numbers of regulatory decisions and measures aiming at reducing risks that threaten the stability of non-banking financial markets and interest of shareholders in companies under FRA’s supervision. Prudential Regulation Authority Rulebook. These measures vary according to the nature of each non- banking financial activity and the legislations governing it.

Sets out the powers and functions of the Board and the Chief Executive. We are responsible for supervising and regulating non-bank financial institutions in Barbados, particularly those entities licensed or registered under the following Acts of Parliament: Insurance Act, Cap. Our aim is to protect consumers, enhance the reputation of Gibraltar as a quality financial services centre and promote good business.

This commitment extends to having a responsible financial services centre, and complying with international standards for the conduct of business that are applicable to all financial centres. Regulatory and Supervisory Approach MAS is the integrated regulator and supervisor of financial institutions in Singapore. MAS establishes rules for financial institutions which are implemented through legislation, regulations , directions and notices. Guidelines have also been formulated to encourage best practices among financial institutions.

Statistics and Analysis. The GFSC supervises a broad range of firms including: auditors, banks, company managers, e-money institutions, professional trustees, payment services providers, funds and fund service providers, insurance companies, managers and intermediaries, investment.