FSA reveals 'twin peaks' regulatory teams

Adamson will oversee supervision in the transition branch of the Consumer Protection & Markets Authority (CPMA), the Consumer & Markets Business Unit (CMBU), from April. As had previously been announced, Martin Wheatley, the outgoing chief of Hong Kong's financial regulator, will head up the CPMA when it is finally spun out of the FSA in 2012. He will run the CMBU from September this year. Other appointments at the transitioning consumer authority have been confirmed as Alexander Justham, who will govern markets, Graeme Ashley-Fenn who will be in charge of authorisations, and Sheila N...