The FCA is a financial regulatory body in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms. Debt Collection Agencies in the UK need to authorised and regulated by the FCA if they collect debts on behalf of UK Banks (= accounts regulated under the Consumer Credit Act 1974 (amended 2006). There is no regulatory body in the UK that overseas the collection of other types of debts (consumer or commercial).