Jet setting FCA: Foreign travel tops regulator's board expense claims

Laura Miller
clock •

The Financial Conduct Authority's (FCA) directors racked up expense claims between April last year and this March of £61,887, mainly to cover the cost of foreign travel for the chairman, chief executive and supervision director.

FCA chairman John Griffith Jones claimed the most in expenses from April 2013 to March this year, totalling £27,076.29. His heaviest claim period was between October and December last year, when Griffith Jones claimed £17,538.73, largely made up of £15,151.34 for foreign travel. Chief executive Martin Wheatley ranks next, claiming £22,478.91 during the year. Most of it was made between January and March this year in relation to foreign travel, for which during that time Wheatley claimed £9,684.07. Director of supervision Clive Adamson follows Wheatley by making claims amounting ...

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 annual meeting dominated by whistleblower handling criticism

FCA annual meeting dominated by whistleblower handling criticism

After the death of Simon Andriesz

Alex Sebastian
clock 07 October 2026 • 3 min read
FCA secures money back for victims of £1.5m crypto fraud

FCA secures money back for victims of £1.5m crypto fraud

Obtains confiscation orders against Raymondip Bedi and Patrick Mavanga

Sophia Panayi
clock 28 September 2026 • 1 min read
FOS partially upholds complaint against SJP for failing to provide annual reviews

FOS partially upholds complaint against SJP for failing to provide annual reviews

SJP failed to provide five annual reviews for client

Sophia Panayi
clock 23 September 2026 • 3 min read