Which of the following is NOT one of the FCA's statutory objectives?

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Multiple Choice

Which of the following is NOT one of the FCA's statutory objectives?

Explanation:
The FCA’s statutory objectives focus on how it regulates financial markets: protecting consumers, maintaining and enhancing the integrity of the UK financial system, and promoting competition in the interests of consumers. Maximizing government revenue is not part of these objectives. Revenue goals belong to government policy, not to how the FCA regulates conduct or oversees firms. So the statement about government revenue doesn’t fit with the FCA’s remit, while protecting customers, safeguarding market integrity, and promoting competition do.

The FCA’s statutory objectives focus on how it regulates financial markets: protecting consumers, maintaining and enhancing the integrity of the UK financial system, and promoting competition in the interests of consumers. Maximizing government revenue is not part of these objectives. Revenue goals belong to government policy, not to how the FCA regulates conduct or oversees firms. So the statement about government revenue doesn’t fit with the FCA’s remit, while protecting customers, safeguarding market integrity, and promoting competition do.

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