Structure of FSA Business Units
April 2011
FSA Conduct Business Unit (CBU)
The CBU has four divisions: (i) Supervision; (ii) Conduct Policy; (iii) Markets; and (iv) Authorisations. The CBU is responsible for the following:
- Delivering a forward-looking, judgment-focused approach to supervision and supporting the delivery of the supervisory regime through effective risk prioritisation, identification and mitigation.
- The Conduct Policy function for the FSA's Conduct of Business and Markets Infrastructure rules.
- The recognition and supervision of the exchanges, clearing houses and other market infrastructure providers.
- The assessment of new firm applications to the FSA.
- Engaging with the European Supervisory Authorities and the wider European and international process to ensure the right outcomes are achieved for the UK financial industry.
- The UK Listing Authority (as Competent Authority for Listing).
- Market monitoring, market abuse and insider dealing detection.
- Developing and piloting the Financial Conduct Authority (FCA) operating model.