Financial Conduct Authority CEO Nikhil Rathi has been reappointed to lead the regulator for another five years.
His current stint was supposed to end in September 2025, but Chancellor Rachel Reeves has reappointed him until September 2030 for a second term. FCA to cut down on financial sector regulation as it prepares to launch five-year strategy During Rathi's first term at the helm of the regulator, the financial services sector saw the introduction of Consumer Duty, Sustainability Disclosure Requirements and Overseas Funds Regime, to name some of the headline regulations of the last few years. The CEO said he was "honoured" to have been reappointed to serve another five years. "I am pr...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
