The Financial Conduct Authority (FCA) has promoted its acting chief operating officer (COO) Nausicaa Delfas to executive director of international, responsible for delivering the regulator's response to the Brexit process.
This will include providing technical support to HM Government, working closely with the European Union, international regulators and the financial services industry to ensure a smooth Brexit transition....
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow