Sants gets top job at new EU-wide regulator

Alexander Justham, the FSA's director of markets, has taken up a position on the European Securities and Markets Authority (Esma) in Paris, according to the Financial Times. FSA banking sector director Thomas Huertas has been tipped for a position on the London-based European Banking Authority's (EBA) management board, and possibly acting chairman until the permanent chair arrives. The watchdogs are part of an overhaul of Europe’s system for supervising banks and financial services groups and will have a key role in shaping rules for the sector. The entities formally came into oper...