FCA names two enforcement directors

Therese Chambers and Steve Smart

Jenna Brown
clock • 2 min read

The Financial Conduct Authority (FCA) has named Therese Chambers and Steve Smart as joint executive directors of enforcement and market oversight.

The double appointment followed the departure of Mark Steward after seven years in the role. Steward will leave the FCA on 13 April, after his departure was first announced in October last year. The FCA said the expansion of the leadership team reflected the "vital role" that enforcement played in delivering its three-year strategy. It added it reflected its commitment to cutting financial crime and ensuring consumer outcomes met Consumer Duty requirements. Recent market events have underlined the importance of effective market oversight to support financial stability, the FCA said...

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