Dan Waters leaves FSA

clock

Dan Waters is to step down from his role as director of conduct risk and asset management sector leader, with Christina Sinclair taking over on an interim basis.

He has been responsible for the regulator's overall strategy and liaison with the fund management industry and was previously director of regulatory strategy and risk Division and director of enforcement In a message to staff, Hector Sants, chief executive of the FSA, says: "Dan has determined that making the necessary long-term commitment to the complex set-up and operation of the new regulatory regime would not be the appropriate choice at this stage of his career. "He is considering other opportunities that will allow flexibility to pursue his interests here in the UK while allowin...

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: Simplified advice rules update imminent; MPS review outcome set for 2027

FCA: Simplified advice rules update imminent; MPS review outcome set for 2027

Regulator's Kate Tuckley gives update

Isabel Baxter
clock 08 September 2026 • 3 min read
DB transfer adviser hit with provisional FCA ban and £742,700 fine

DB transfer adviser hit with provisional FCA ban and £742,700 fine

Daniel Thomas advised 53 clients, including four British Steel scheme members

Sophia Panayi
clock 03 September 2026 • 2 min read
Proving good customer outcomes still a challenge for financial planners

Proving good customer outcomes still a challenge for financial planners

Firms face practical challenges in Consumer Duty board reporting

Sophia Panayi
clock 03 September 2026 • 2 min read