The Financial Conduct Authority (FCA) has appointed Daniel Godfrey, formerly chief executive of the Investment Association (IA), for a short-term contract on a consultancy basis.
Godfrey (pictured) will be working for the regulator for a few months conducting policy work related to the regulation of asset management, a spokesperson from the FCA confirmed. Godfrey left the IA after three years in October, following speculation that Schroders, M&G and other management firms were thinking of leaving the organisation. Many IA members were reportedly concerned the organisation had taken on too strong a regulatory approach under Godfrey's leadership, at a time when asset managers were struggling with increasing demand from European regulators and the FCA. Followi...
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