The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000.

Clearing House is in the process of becoming an FSA regulated business, and we will keep you informed over the coming months about the process.

What does it mean to be regulated?

Once firms are regulated by the FSA, they are required to meet the standards set out in the FSA Handbook of Rules and Guidance.  As part of this companies are obliged to supply the FSA with certain information, so that the FSA can monitor their business.

Why is it important to you?

By working with an FSA regulated business, you get the peace of mind of knowing that your money is secure and kept in trust accounts.  You can also be assured that regulation by the FSA means the highest level of governance.

More information about the FSA can be found: http://www.fsa.gov.uk