How many government agencies does the United Kingdom have to oversee financial industry?

There are three main government agencies in the United Kingdom that oversee the financial industry:

1. Financial Conduct Authority (FCA): The FCA is responsible for regulating the conduct of financial services firms and markets in the UK. It is an independent body that is accountable to the Treasury Committee of the House of Commons.

2. Prudential Regulation Authority (PRA): The PRA is responsible for regulating the prudential aspects of banks, building societies, credit unions, insurers and investment firms. It is also an independent body that is accountable to the Treasury Committee of the House of Commons.

3. Payment Systems Regulator (PSR): The PSR is responsible for regulating payment systems in the UK. It is an independent body that is accountable to the Treasury Committee of the House of Commons.

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