Edexcel is a British multinational education and examination body formed in 1996 and wholly owned by Pearson plc since 2005. It is the only privately owned examination board in the United Kingdom. Its name is a portmanteau term combining the words education and excellence. Edexcel regulates school examinations under the British Curriculum and offers qualifications for schools on the international and regional scale. It is the UK's largest awarding organisation offering academic and vocational qualifications in schools, colleges and work places in the UK and abroad. It is also recognised internationally. In 2019, Edexcel was the focus of significant controversy following a leak of an A-level examination.