The FCA has filled 95 of it’s new authorisations roles including the appointed of two new Directors of Authorisations.
Laura Dawes and Dominic Cashman will take up new roles of Director of Authorisations. Dawes is currently interim Director of Strategy, Policy, International and Intelligence in the FCA’s Enforcement and Market Oversight Division. Cashman joins the FCA from TP ICAP, an interdealer broker, where he held the role of Head of Integration and Transformation and, previously, Interim Group Head of Operations.
The FCA said that it is “committed to a more robust and efficient authorisation process, with greater focus on the financials and business models of firms applying to operate in regulated financial markets. As well as recruiting almost 100 new colleagues, the FCA has reformed its authorisation process with more decisions now taken by individual senior managers rather than by committees.”
The regulator has also appointed a new Finance Director, Craig Chapman, who joins the FCA in May. Chapman is currently Chief Financial Officer at RTX RouteTrader, a fintech operating in the telecoms sector.