F1PART 1AThe Regulators

Annotations:
Amendments (Textual)
F1

Pt. 1A substituted for Pt. 1 (24.1.2013 for specified purposes, 19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 6(1), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c)(2), Sch. Pts. 2, 3, 4; S.I. 2013/423, art. 3, Sch.

CHAPTER 1The Financial Conduct Authority

The FCA's general duties

1DThe integrity objective

1

The integrity objective is: protecting and enhancing the integrity of the UK financial system.

2

The “integrity” of the UK financial system includes—

a

its soundness, stability and resilience,

b

its not being used for a purpose connected with financial crime,

c

its not being affected by behaviour that amounts to market abuse,

d

the orderly operation of the financial markets, and

e

the transparency of the price formation process in those markets.