Banking crisis lawyer Charles Randell tipped as next FCA chairman

Announcement could be made tomorrow

Tom Ellis
clock • 1 min read

A former Slaughter & May lawyer who advised ministers on the 2008 financial crisis is a leading candidate to become the next FCA chairman, according to reports.

Sky News reported former Slaughter & May partner Charles Randell is in talks about succeeding the outgoing John Griffith-Jones at the Financial Conduct Authority (FCA). Chancellor of the Exchequer Philip Hammond is expected to agree the appointment within days, and an announcement on Griffith-Jones' successor could be made as early as Tuesday, the report added. Randell sits on the Bank of England's Prudential Regulation Committee, but his five-year term as a director is set to expire in March. Griffith-Jones is set to step down from his position at the regulator on March 31. He will a...

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

Law, not likes: Cracking down on social media financial promotions

Law, not likes: Cracking down on social media financial promotions

‘Every individual social post or communication must comply with the rules’

Sarah Wylie and Owen McLennan
clock 28 October 2024 • 4 min read
How Labour can support investment management vibrancy

How Labour can support investment management vibrancy

The formation of a new government – now just over 100 days’ old – has brightened the spotlight on UK financial services regulation, writes IIMI CEO Dani Hristova

Dani Hristova
clock 28 October 2024 • 4 min read
Number of non-financial misconduct reports in the City spikes in three years

Number of non-financial misconduct reports in the City spikes in three years

FCA reveals survey results

Cristian Angeloni
clock 25 October 2024 • 4 min read