FCA sets out plans to streamline legal work in single department

Headed up by general counsel Stephen Braviner-Roman

Jenna Brown
clock • 1 min read

The Financial Conduct Authority (FCA) is to streamline its legal work with the creation of a single legal function headed by current general counsel Stephen Braviner-Roman.

It said this would bring together the general counsel division and the legal group, which currently sits within enforcement and market oversight, in a "single unified legal division to ensure a joined up legal capability working across the organisation". The consolidation was made at the same time the regulator announced there would be two replacements for exiting director of enforcement and market oversite Mark Steward. It said today (23 March) Therese Chambers and Steve Smart would jointly take on the role. Steward, who announced his departure in October last year, had been in the j...

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 CEO sets out shift in regulator's approach with 'less rules'

FCA CEO sets out shift in regulator's approach with 'less rules'

Consumer Duty ‘will do a lot of the work for us’

Isabel Baxter
clock 18 February 2026 • 2 min read
Failed financial advice firms tracker

Failed financial advice firms tracker

Firms that the FSCS has confirmed as failed since the start of 2023

Professional Adviser
clock 17 February 2026 • 1 min read
Duty of care: Moving the needle from compliance to strategy

Duty of care: Moving the needle from compliance to strategy

'Prioritising vulnerable customers should no longer be seen as an overhead'

Jonathan Barrett
clock 10 February 2026 • 4 min read