Financial Services Authority

The Financial Services Authority (FSA) is a grown-up organization that manages and monitors how people and companies handle their money.

Imagine you have a piggy bank, and you want to save your money in it. The FSA makes sure that the person you give your money to is trustworthy and won't just take your money away. They also make sure that the person isn't just using your money for themselves instead of helping you save it.

Now imagine you are a grown-up with a job and have decided to invest in a company. The FSA makes sure that the company is telling you the truth about how well they are doing so that you can make an informed decision about whether to invest or not. They also check that the company follows the rules and behaves properly when they take your money.

So, in short, The Financial Services Authority is like your personal financial safety guard to make sure your money is safe and sound no matter where you store it, either in a piggy bank or in a company.