The Financial Conduct Authority (FCA) has hired the Competition and Markets Authority's (CMA) Sheldon Mills as director of competition.
In his new role, Mills will be responsible for promoting competition in the interest of consumers while enforcing prohibitions on anti-competitive behaviour within the financial services industry. In addition, he will also be required to deliver market studies such as the ongoing mortgage and wholesale insurance brokerage market study. At the CMA, Mills had overall leadership responsibility for delivering UK merger control across the UK economy. He was hired as senior director of mergers in 2014, having first held a senior directorship in 2013, at the CMA's predecessor, the Office ...
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