
FCA Prudential Supervision Forum
In this 2015 keynote, the FCA detailed its foundational approach to the prudential supervision of over 24,000 firms, marking a distinct shift from traditional "zero-failure" models. Unlike the Prudential Regulation Authority (PRA), which oversees systemic institutions like banks, the FCA’s prudential remit covers a diverse range of asset managers, investment firms, and infrastructure providers.
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