What does the Financial Conduct Authority aim to ensure through its regulations?

The Financial Conduct Authority (FCA) primarily aims to protect consumer interests through its regulations. This focus stems from the FCA's role in overseeing financial markets and firms to ensure that consumers are treated fairly and can access appropriate products and services. The FCA seeks to promote competition and transparency, thereby fostering an environment where consumers can make informed decisions and have confidence in the financial system.

This consumer-centric approach is designed to enhance market integrity and build trust between consumers and financial service providers, ensuring that individuals are adequately informed and safeguarded from unfair practices. The FCA's regulatory framework includes implementing standards and requirements that financial firms must meet to ensure that consumers' needs are prioritized and protected.