On 1st April 2013, the Financial Services Authority ("FSA"), which regulates the entire financial industry in the UK, will cease to exist.

     In its place will sit two new regulators – the Financial Conduct Authority ("FCA") and the Prudential Regulatory Authority ("PRA"). From this date, GAIN Capital - FOREX.com UK Ltd and its employees will be authorised and regulated by the FCA.

     The FCA is expected to set and enforce similar rules to the FSA to protect consumers and ensure that markets operate with integrity. Furthermore, the FCA has announced that it intends to issue heavy financial penalties for those that fall short of the regulations.

     The change of regulator will not change any of the key protections offered to clients of UK regulated firms, notably:

• Client funds will remain fully segregated.
• Clients will continue to have access to the Financial Ombudsman.
• Clients will continue to be covered by the Financial Services Compensation Scheme ("FSCS")

      GAIN Capital – FOREX.com does not expect to make any changes to our services as a result of the change to our UK regulator.