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In June 2020, HM Treasury appointed Rathi to be the new chief executive at the FCA, succeeding Andrew Bailey, after his appointment as the Governor at the Bank of England in March 2020, and Christopher Woolard, who acted as interim CEO. [5] [6] Rathi took over in October 2020. [7]
Financial Conduct Authority (FCA) chief executive Nikhil Rathi told Parliament’s Treasury Select Committee that he and his team faced more risky behaviour from financiers if the government ...
Financial Conduct Authority chief executive Nikhil Rathi has defended the organisation after the report by MPs and peers. Head of financial watchdog defends performance after critical report from ...
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There has also been criticism of Chief Executive Martin Wheatley because of his responsibility for the minibond fiasco in Hong Kong. On 10 December 2014, the FCA released a report from Simon Davis from Clifford Chance LLP inquiring into the events of 27/28 March 2014 relating to the press briefing of information in the FCA's 2014/15 Business Plan.
[2] For a public-sector comparison, the UK prime minister is entitled to a salary of £167,391 [3] [4] and the Cabinet Secretary is entitled to a salary of £200,000 to £204,999. [ 5 ] The table below outlines financial data - CEO salaries and turnover figures - where available, of a selection of major charities in the United Kingdom, by capital.
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Unite the union has written to the chief executive of the City watchdog warning of ‘grave concerns’ among staff. Union in pay warning to Financial Conduct Authority amid restructuring Skip to ...