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FCA appoints new co-directors for advice supervision

FCA-FSA-Building-Sky-Contrast-700x450jpgThe FCA has announced two new co-directors for its financial advice and life insurance supervision.

FCA director of competition Deb Jones and Nest Corporation executive director Debbie Gupta will be taking on the co-directorship in May.

Prior to her position at the FCA, Jones was a director at the Office of Fair Trading for eight years, leading cartel enforcement cases and policy analyses. She is also a former practicing solicitor.

Complaint puts FCA and FOS information sharing in spotlight

Gupta currently serves as an advisor for West Yorkshire-based IT consultancy BJSS, and was a director at the Home Office for three years between 2009 and 2012. She has also been a director at the Department for Work and Pensions.

The pair fill the director post left by Linda Woodall, who stepped down from the regulator over the Christmas period.

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Comments

There are 2 comments at the moment, we would love to hear your opinion too.

  1. They sound perfect for the job.

  2. Top of these new appointees’ agendas needs to be a root and branch reform of the FCA’s GABRIEL/RMA reporting system. Otherwise, how will they be able to monitor and supervise what adviser firms are doing in a proportionate and appropriately targeted manner? They also need to abjure the bunker mentality displayed by their predecessor.

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