'Clear rationale for more NEDs' on FCA board

Independent review

James Baxter-Derrington
clock • 1 min read
Outgoing chair Charles Randell
Image:

Outgoing chair Charles Randell

There is a “clear rationale” for more non-executive directors on the board of the Financial Conduct Authority, an independent review by Advance Boardroom Excellence has found.

The report argued that a greater number of NEDs would be beneficial to the regulator's board given the "huge agenda and challenges faced by the organisation" but clarified this was not a decision for the...

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA working to improve 'operational integrity'

FCA acknowledges harm caused by authorising firms 'not meeting standards'

Admits LCF a 'learning process'

clock 09 December 2021 • 3 min read
FCA chief executive Nikhil Rathi

Treasury Committee grills Nikhil Rathi over FCA bonus scheme and fee hikes

Watchdog paid £23m of bonuses in March

clock 08 December 2021 • 3 min read
The regulator said its more developed proposals for new rules will tackle the causes of harmful practices.

Concerns raised over FCA's 'woolly' consumer duty plans

'Little to no impact on firms already not meeting obligations'

clock 07 December 2021 • 4 min read