Financial Supervisory Authority
The Financial Supervisory Authority (FSA) is a government agency responsible for overseeing and regulating financial markets and institutions. Its main goal is to ensure the stability and integrity of the financial system, protecting consumers and investors from fraud and malpractice. The FSA monitors banks, insurance companies, and securities firms to ensure they comply with laws and regulations.
In addition to regulation, the FSA also conducts inspections and audits to assess the financial health of institutions. It plays a crucial role in maintaining public confidence in the financial system by promoting transparency and accountability among financial entities, such as banks and investment firms.