FCA

FCA executive director of enforcement and market oversight to step down




The FCA’s executive director of enforcement and market oversight Mark Steward has announced he will step down from his role in spring next year.

Since joining the regulator in 2015, Mark has led the delivery of some of the FCA’s most complex, high-profile, and precedent-setting enforcement cases. 

He also led the FCA’s listing authority and oversight of the UK’s publicly traded markets — a role in which he developed the organisation’s data-led approach to market oversight — and has been at the forefront of its anti-scam marketing campaign Scamsmart.

“It has been a privilege to serve the FCA throughout many challenges over the last seven years and, as I move on, to leave behind such a strong team for the future,” said Mark.


Nikhil Rathi, chief executive at the FCA, stated: “Mark has brought his formidable experience as a regulator and as a litigator, delivering significant enforcement cases across a broad spectrum, as well as our data-led approach to market oversight.

“That enormous contribution is a result of Mark’s abiding belief in fairness, that markets must be clean if the economy is to thrive and in doing the right thing on behalf of consumers. 

“He has shown that the FCA is willing to take on challenging cases, will use the full extent of our powers and will deliver results that have a real impact for the markets we oversee and for those who rely on them.

“I am hugely grateful for Mark’s leadership, dedication and expertise and wish him the very best for the future.”

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