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Our regulator has changed... Our regulator changed on 1 April 2013. First direct is now authorized by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA)
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Our regulator has changed to ensure compliance with updated regulations and guidelines.
All entities regulated by the new regulator are required to file the necessary documentation.
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The purpose of our regulator has changed is to enhance transparency, accountability, and efficiency in regulatory processes.
The information required to be reported on our regulator has changed includes updated financial data, regulatory compliance status, and any changes in ownership or management.
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