View more on these topics

Osborne lines up Swiss regulatory chief to replace Wheatley at FCA

FCA logo glass 2 620x430

Chancellor George Osborne has approached the head of the Swiss financial watchdog as a possible replacement for Martin Wheatley, Sky News reports.

Financial Market Supervisory Authority chief executive Mark Branson is among several candidates to have been approached about the position, according to the report.

FCA acting chief executive Tracey McDermott, Australian Securities and Investments Commission chairman Greg Medcraft and one other, unnamed candidate are also said to have made the shortlist.

Osborne is expected to sign off on a decision in a matter of weeks.

A Finma spokesman told Sky News: “Mark Branson is very committed to Finma and his CEO role and is not available for other positions.”

Recommended

Pension-Pensioner-Depressed-Elderly-Man-500x320.jpg
1

Government halves pensioner bond payouts

Returns for “pensioner bonds” issued by the Government are set to plummet by almost half. The bonds were issued by the Government in two tranches from January this year, with the first set to mature next month. However, because the products were a special issue, while savers were offered an interest rate of 2.8 per […]

FCA logo glass 2 620x430
2

FCA investment boss joins PwC

FCA director of wholesale banking and investment management William Amos has joined PwC as a partner, Money Marketing can reveal. Amos, who left the regulator in June, has joined PwC this month as a partner in the firm’s financial services risk and regulation team focusing on wholesale conduct advisory services. In August 2013, Amos was […]

FAMR – a familiar response

Pension specialist Fiona Tait takes a look at the Financial Advice Market Review and assesses the three areas where it suggests improvements can be made With significant budget changes ruled out (for a while anyway), the pension community briefly turned its attention to the FCA’s final report on its Financial Advice Market Review (FAMR), hoping […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment