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

Updated: Failed financial advice firms tracker

Updated: Failed financial advice firms tracker

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

Professional Adviser
clock 08 October 2025 • 1 min read
FCA: Fair value in advice 'not about charging the lowest fees'

FCA: Fair value in advice 'not about charging the lowest fees'

Consumer investments department head says it should not be a ‘race to the bottom’

Sahar Nazir
clock 03 October 2025 • 2 min read
FCA commits to Consumer Duty changes to 'remove disproportionate burdens'

FCA commits to Consumer Duty changes to 'remove disproportionate burdens'

CEO Nikhil Rathi sets out four-point plan

Michael Nelson
clock 01 October 2025 • 3 min read