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New head of consumers and competition at FCA finance watchdog Was this article useful? Click the thumbs up > The Financial Conduct Authority has appointed Sheldon Mills as its first executive director for consumers and competition, in a newly created post. He will lead the FCA's division focused on its consumer protection and competition objectives, which include promoting more transparency in motor finance for car buyers. Mills was formerly interim executive director of strategy and competition at the FCA, but prior to that he was senior director of Competition and Markets Authority overseei...

14 th December 2020 9:00 am Good morning and welcome to your Morning Briefing for Monday, 14 December, 2020. To get this in your inbox every morning click here. SJP scraps ‘ambitious’ bonuses for staff St James’s Place will not be paying annual bonuses to staff across the business this year after the coronavirus crisis has seen the company fall short on its targets. The wealth management firm has told its 2,537 employees that it will not pay any cash or share-based bonuses for 2020. 2021 predictions  Dynamic Planner’s chief executive Ben Goss sets out what he believes the next 12 m...

What does the FCA mean by a purposeful culture? By Lorraine Mouat 11 th December 2020 11:25 am As one of the FCA’s four main drivers of culture, we are hearing a lot about ‘purpose’ these days. Most recently, the regulator’s outgoing executive director of supervision, retail and authorisations, Jonathan Davidson focused on it in his speech at the Annual Culture and Conduct Forum. In it, he noted financial services firms have been at the forefront of helping consumers get through the coronavirus crisis – the solution rather than the problem. Our industry ...

New Executive Appointments At UK Financial Conduct Authority Date 11/12/2020 The FCA has appointed Sheldon Mills as the new Executive Director, Consumers and Competition, and Siobhn Sheridan as Chief People Officer. The Executive Director, Consumers and Competition post was created last month when it was announced that the FCAs two existing Supervision divisions would be brought together and merged with the policy and competition functions. These will form a new, single division led by twoExecutive Directors: one focused on the FCAs consumer protection and competition objectives; the oth...

The FCA has appointed Sheldon Mills as the new executive director of consumers and competition and Siobhán Sheridan as chief people officer.