CeMAP Module 1 Practice Questions - CeMAP Module 1 (Financial Services, Regulation And Ethics) Exam

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Which UK body is the prudential regulator responsible for the safety and soundness of banks, building societies, credit unions and large insurers?

The Financial Conduct Authority (FCA) The Financial Ombudsman Service (FOS) The Prudential Regulation Authority (PRA) The Financial Services Compensation Scheme (FSCS)

Correct Answer:

The Prudential Regulation Authority (PRA)

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