FCA chair Randell invested in controversial Ingenious Film tax scheme

Treasury Committee chair MP Nicky Morgan asked permanent secretary Sir Tom Scholar to contact Randell and ask if the panel responsible for his selection knew about his membership of the controversial tax scheme Ingenious Film Partners 2 LLP. Randell was appointed chair of the regulator at the turn of the year but does not start the role until 1 April. As a lawyer at magic circle firm Slaughter & May, Randell (pictured) advised ministers on the 2008 financial crisis and currently sits on the on the Bank of England's Prudential Regulation Committee (PRC), but his five-year term as a dir...