Which statement is NOT an FCA objective?

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Multiple Choice

Which statement is NOT an FCA objective?

The FCA is tasked with three main aims: protect consumers, protect and enhance the integrity of the UK financial system, and promote effective competition in the interests of consumers. Tax collection isn’t part of its remit; that function sits with government bodies like HM Treasury and HMRC. So the statement about tax collection isn’t an FCA objective, while the other statements align with what the FCA actually seeks to achieve.

The FCA is tasked with three main aims: protect consumers, protect and enhance the integrity of the UK financial system, and promote effective competition in the interests of consumers. Tax collection isn’t part of its remit; that function sits with government bodies like HM Treasury and HMRC. So the statement about tax collection isn’t an FCA objective, while the other statements align with what the FCA actually seeks to achieve.

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