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UK government arrested former Richard Lloyd, formerly Who? The Executive Director, as the long-serving chairman of the Treasury, an expert on the matter said Monday night.
The issue comes just hours after an unnamed number of employees in the Financial Conduct Authority finished their work vote in conducting a strike against wage changes and operational procedures under a divisional reform program led by Nikhil Rathi, chief executive officer.
Outgoing chairman Charles Randall said in October that he was down to the ground one year before its term expires in April 2023 for the successor to oversee the implementation of plans that promise to provide a data-driven controller after all such as. London Capital Finance.
Sky News also reported Monday evening that the Treasury had to name Lloyd for a while. A source familiar with the matter told the Financial Times that the report was accurate. The Treasury government has refused to comment on any issues regarding the election. The FCA referred questions to the Treasury.
Lloyd, who headed the Iti? from 2011 to 2016, he has been the independent executive director of the FCA since April 2019. He also chairs the Independent Parliamentary Standards Authority and on the Advertising Standards Authority.
He joins the FCA at a time of crisis, when he struggles to benefit workers for better care, while working hard after Brexit, including renewing the licenses of EU companies that have been trading in the UK directly from the bloc.
The Trade Union Unite says the change, which includes eliminating the bonuses that most employees enjoy each year in favor of a new 25 percent success rate, is unfair.
He began voting for corporate employees on January 24, promising to “clearly inform the public about the performance and reliability of employees within the FCA’s leadership”. The union is pushing for legal recognition by the FCA, and it does not say how many of the union’s 4,000 employees are members. Voting results are expected in the coming days.
In addition to the additional work from Brexit, the FCA has also expanded its expansion by eliminating areas, including cryptocurrency, where the agency has been prosecuted. monitoring More and more companies are cracking down on money laundering and terrorism since January 2020.
The FCA will soon take over the role of crypto marketing and has already stated plans imposing stricter rules that make it difficult for companies to attract customers with promises of high rewards without a clear description of the risks involved.
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