View more on these topics

Kenmir quits FSA after 20 years in regulation

David Kenmir is to leave the FSA after over 20 years spent in financial services regulation.

Kenmir, who has been covering as managing director of retail markets since Clive Briault left the FSA in April, is to leave the regulator early next year to pursue other career opportunities.

Until he leaves, Kenmir will return to his role of chief operating officer.

He joined what became the Securities and Futures Authority in 1988, becoming executive director of the auth- orisation and business conduct division. He held a similar role at the FSA’s inception in 1998 and then became director of investment firms before being appointed managing director of regulatory services in April 2004.

Kenmir was highly rated by advisers for his smooth handling of the professional indemnity insurance crisis in 2003 which could have seen many adviser firms go bust.

Highclere Financial Services partner Alan Lakey prai- ses Kenmir for his handling of the PI crisis and his willingness to meet with IFA critics.


Brokers urge swift response to Crosby

Mortgage brokers are calling on the Government to take immediate action after Sir James Crosby’s preliminary report suggested that the Bank of England’s bail-out scheme could be extended to include new mortgages.

FSA arrests eight for insider dealing

The FSA has arrested eight individuals and executed search warrants across London and the South East in connection with a major ongoing investigation into insider dealing rings.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm