the Financial Conduct Authority
/ðə faɪˌnænʃl ˈkɒndʌkt ɔːθɒrəti/, /ðə fəˌnænʃl ˈkɒndʌkt ɔːθɒrəti/
/ðə faɪˌnænʃl ˈkɑːndʌkt əθɔːrəti/, /ðə fəˌnænʃl ˈkɑːndʌkt əθɔːrəti/
(abbreviation the FCA)
- an independent organization set up in 2013 to control the UK financial services industry including banks, insurance companies, credit card companies, etc. It took over some of the work of the Financial Services Authority.
Check pronunciation:
the Financial Conduct Authority