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Financial institutions general regulatory news, April 2021 # 3 | Hogan Lovells


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Recent regulatory developments of interest to most financial institutions, including updates from the UK government, PRA, FCA, JMLG and the European Commission. 
Contents
UK FinTech and financial services plans
LC&F compensation scheme and complaints to FCA
Lessons from Greensill Capital: Treasury Committee inquiry
Diversity: BoE launches Meeting Varied People initiative
PRA authorisations: updates on rule waivers and modifications and CRR and Solvency II permissions
UK Investment Firms Prudential Regime: FCA second consultation CP21/7
FCA transformation programme: update to HM Treasury
FCA appoints sustainability and technology directors
FCA regulated fees and levies for 2021/22: CP21/8 ....

United Kingdom , City Of , Garry Wilkinson , Nausicaa Delfas , John Glen , Hogan Lovells , Nikhil Rathi , David Cameron , Lex Greensill , Dave Ramsden , Charles Donald , Dame Elizabeth Gloster , Andrea Rosen , Raj Parker , Charles Randell , Mairead Mcguinness , Andrew Bailey , Julia Cavanagh , Caroline Wayman , Fintech Export Academy , Prudential Regulation Authority , Capital Markets Union , Analysis Division , Financial Ombudsman Service , International Bank Account Number , Treasury Committee ,

PEOPLE MOVES: Aegon, FOS, Enhance Group


Group chief tech officer steps down from pension provider, while UK ombudsman names interim CEO
Aegon
Group chief technology officer Mark Bloom will leave the company on 1 June 2021.
He has led the firm’s technology and innovation activities and decided to pursue other opportunities.
Bloom joined Aegon in 2016 as chief technology officer after holding several senior roles within technology at Citi and JP Morgan Chase.
Financial Ombudsman Services
Nausicaa Delfas will take on the role of interim chief executive officer and chief ombudsman at the FOS.
She succeeds Caroline Wayman who stepped down after seven years at the helm of the Financial Ombudsman Service. ....

United Kingdom , Northern Ireland , City Of , Monique Okeefe , Nausicaa Delfas , Andy Colvin , Kevin Mcfarlane , Ian Alderton , Ian Wright , Richard Sayers , Eli Haroush , Sacha Sadan , Mark Frier , Caroline Wayman , Mark Bloom , Jersey Financial Services Commission , Citizen Health Technology , Financial Conduct Authority , Financial Ombudsman Service , Equiom Group , Financial Ombudsman Services , Jp Morgan Chase , Financial Ombudsman , Financial Conduct , London Asset Management , Global Developed Financials ,

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FOS appoints interim chief executive and chief ombudsman


The Financial Ombudsman Service (FOS) has appointed Nausicaa Delfas (pictured) as interim chief executive and chief ombudsman.
Delfas succeeds Caroline Wayman, who has stepped down after seven years as chief executive and chief ombudsman; she joins FOS from the Financial Conduct Authority (FCA), where she is currently the executive director of international and interim chief operating officer.
Delfas will officially take up the role on 17 May, and will be in post while the board carries out an open recruitment process for a permanent chief executive and chief ombudsman.
Zahida Manzoor, chairman baroness, said: “I am delighted to welcome Nausicaa Delfas to the Financial Ombudsman Service as our interim chief executive and chief ombudsman; she brings a wealth of experience and a firm understanding of the environment within which we are operating and the challenges that lie ahead. ....

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