UK Treasury Appoints Former Lawyer Charles Randell as FCA Chair

The UK Treasury has announced the appointment of Charles Randell as the new Chair of the FCA. He will also be taking the same role at the UK Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term Systems Regulator (PSR). He has an extensive background in government and in the private sector.

Discover credible partners and premium clients at China’s leading finance event!

[gptAdvertisement]

Between advising on a number of Thatcher-era privatisations and helping the UK government to find a way out of the great financial crisis of 2008, Mr Randell comes with extensive experience in the corporate sector after spending the bulk of his career at international law firm Slaughter & May.

Mr Randell is an external member of the Prudential Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term Committee of the Bank of England. He is also holding a non-executive board member role at the Department for Business, Energy and Industrial Strategy.

He will be taking on the new position on the 1st of April 2018 for a term of five years. Commenting on the appointment of Mr Randell, the FCA’s Chief Executive, Andrew Bailey, said: “His experience of regulation, both during the financial crisis and more recently as a member of the Prudential Regulation Committee, mean that he has a strong understanding of the challenges that the FCA faces and I look forward to tackling these with him in his new role.”