Definition ∞ FCA Conduct Supervision refers to the oversight activities undertaken by the Financial Conduct Authority in the United Kingdom to ensure financial firms act in the best interests of consumers and market integrity. This supervision assesses how firms design products, manage customer relationships, and handle complaints, ensuring fair treatment and transparent practices. The FCA’s role is to prevent misconduct and promote healthy competition within the financial services sector. It applies to a broad spectrum of regulated activities.
Context ∞ In crypto news, FCA Conduct Supervision is a relevant topic concerning the regulation of digital asset service providers operating in the UK. A key discussion involves how existing conduct rules can be applied to novel crypto products and services, particularly regarding consumer protection. Future regulatory updates are expected to provide more specific guidance for crypto businesses under FCA oversight.
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