FCA hires competition director from the CMA

Joined CMA in 2014

Tom Eckett
clock • 1 min read

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 ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA 'agnostic' on advice industry consolidation benefits

FCA 'agnostic' on advice industry consolidation benefits

Regulator unsure on consolidation outcome but will continue engagement with firms

Sahar Nazir
clock 06 February 2025 • 1 min read
What to expect from the FCA on financial crime in 2025

What to expect from the FCA on financial crime in 2025

Financial crime remains at the forefront of the FCA's agenda

Daren Allen
clock 04 February 2025 • 5 min read
FCA must be 'more ambitious' on redress modernisation plans - PIMFA

FCA must be 'more ambitious' on redress modernisation plans - PIMFA

Watchdog should reconsider role of FOS and consolidate CMC regulation

Jenna Brown
clock 30 January 2025 • 3 min read