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FSA CEO to step down

09 February 2010

The UK financial watchdog's CEO is stepping down

The Financial Services Authority (FSA) today announces that Hector Sants will leave the organisation in the summer of 2010, after three years as chief executive officer (CEO).

Sants said:“When I was appointed I told the board that I planned to serve as CEO for three years, and I intend...


 

Poll

What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
34%
It will provide more choice, transparency and investor protection
17%
It will encourage the consolidation of funds
17%
It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
14%