Menu
Home
People
Places
Arts
History
Plants & Animals
Science
Life & Culture
Technology
Reference.org
FCA Controlled Functions
open-in-new
<p> The Controlled Functions of the <a href="/facts/Financial_Conduct_Authority/q9AWSVdY">Financial Conduct Authority</a> (FCA) are simplifying code names given to various functions within the <a href="/facts/Financial_services/azqCQelN">financial services</a> and relating to the carrying on of regulated activities by a firm. These are specified, under section 59 of the Financial Services and Markets Act which still stands as the reference after the FSA split into the FCA and the <a href="/facts/Prudential_Regulation_Authority_(United_Kingdom)/M2nTHIXC">PRA</a>. The FCA is solely responsible for all applications for approval for FCA Designated Controlled Functions for all FCA solo regulated firms. </p>