Financial Conduct Authority
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Agency overview | |
---|---|
Formed | 11 March 2016 |
Jurisdiction | Micronational Dollar transactions |
Employees | 1 |
Agency executive |
The Financial Conduct Authority was created as an independent regulatory body for the Micronational Dollar by Anthony Clark and Horatio Eden as a consequence of the creation of the M$[1][2] , in the interests of preventing businesses from defrauding individuals and other businesses, as well as preventing the laundering of currency illegally.
It is, by its nature, independent of the two other authorities of the currency, the Micronational Dollar Institute and the central bank; however, it also has the authority to investigate these institutions in its capacity as a watchdog organization.
References
- ↑ New international currency founded, Daily Micronational, 10 March 2016
- ↑ The M$ Advertiser | Issue 1, The Micronational, 11 March 2016