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BOE's Bailey to head UK's financial regulatory body

Discussion in 'Market News' started by ForexLive, Jan 26, 2016.

  1. ForexLive

    ForexLive Forum Member

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    UK treasury out with the statement - BOE dep gov Bailey to become the CEO of Financial Conduct Authority Bailey is being appointed for a five year term and will succeed Tracey McDermott, who has acted as interim CEO since Martin Wheatley stepped down from the post in September 2015. Mr Bailey will take up his new role once his successor at the Prudential Regulation Authority (PRA) has been found. Mr Bailey is being appointed for a five year term.

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