Global Financial Strategy

Search the site   >>Advanced search
First for financial regulatory news and views
HOME   |   REGISTER   |   SUBSCRIBE   |   NEWS   |   ANALYSIS   |   INTERVIEWS & FEATURES   |   EVENTS   |   MUTTERS   |   JOBS   |   MY ACCOUNT
EUROPE   |    US & CANADA   |    ASIA PACIFIC   |    MIDDLE EAST & AFRICA   |    LATIN AMERICA & CARIBBEAN   |    OFFSHORE   |    SINGAPORE   |    HONG KONG
TRADING   |    CASINO MARKET   |    BANKING   |    INSURANCE   |    FINANCIAL REPORTING   |    TAXATION   |    MACROECONOMIC   |    PROFILES   |   CONTACT   |   
  • MF Global spoke of 'strong' finances
  • EC: No corp gov powers for ESAs
  • FSA appoints senior investment bank adviser
  • GFS has now closed
  • Czechs join UK on fiscal compact sidelines
  • Davos stalemate on EU's IMF funds
  • Tucker: Resolution regime 'top priority'
  • Saudi Arabia increases central bank role
  • FSB urges Canada for one securities regulator
  • CFTC set for committee to scrutinise HFT
  • Fitch downgrades Belgian banks
  • What corruption really costs
  • UK FSA pushes for Mifid II rethink on OTCs
  • Shanghai boosts global financial status
  • Canada aligns credit rating rules with EU
  • Bowles blasts lack of women at ECB
  • Sarkozy to introduce French FTT in August
  • Barnier warns on further bonus reforms
GFS LinkedIn
GFS Facebook
GFS Twitter
GFS RSS feed
You must be logged in to use this function.


FSA markets division head to leave

Friday 16 September 2011 – by Nicola York


FSA markets division head Alexander Justham is leaving the UK city watchdog after more than four and a half years with the regulator.

An FSA spokeswoman confirmed to Global Financial Strategy that Justham, also known as JJ, is leaving for “personal reasons”.

David Lawton, who currently heads up the market infrastructure and policy division, will be taking over from Justham on a temporary basis. The FSA was unable to say who would be replacing Lawton in the market infrastructure team.

The markets division is one of the regulators currently reviewing the Deutsche Boerse and NYSE Euronext merger. However, competition issues lie outside the FSA’s remit and it is expected to approve DB/NYSE’s change of control function.

The merger has been referred to the European Commission which is currently investigating whether the merged company would be too dominant in the derivatives markets if the deal goes through.

Related articles:
MEPs: ‘Greece must leave euro’
ASI: Weaker states should leave euro
Search on for new Basel bank chairman
UK watchdogs to increase firepower
Hong Kong chief tipped for key FSA role

The German regulator Bafin approved the deal earlier this week but it still has to be passed by a number of EU and US regulators.

The departure is another in a long line of exits from the regulator which is overhauling its structure and splitting into two divisions.

Thomas Huertas who headed up the international division and was an expert on bank stability and prudential issues, announced he was leaving over the summer to join Ernst & Young.

Send us your thoughts (in strict confidence) or submit an article in response:
Email: [email protected]




WHAT DO YOU THINK?
 
Name:
   
Email:
   
Comment:
   
Post as Anonymous
  Display name
   
Please, enter security code
   
 

No comments yet.
Login Register Most read Most commented
Username

Password

>> Forgotten your password?
>> Sign Up  

GFS is pleased to offer you a two-week free trial. You will receive a daily email bulletin of the latest regulatory news and analysis and a weekly email round-up. Please complete the free trial form. You will also receive full access to our online site.

EDITOR’S CHOICE

  • Diamond warns against ‘Balkanisation’
  • ABI: UK insurers must keep EU links
  • EU Parliament site hit by hacktivists
  • George Soros: New year, same crisis
  • FSB: Swiss regulator needs more teeth
  • OCC: Deriv fears are an overreaction
  • ‘Major wave’ of Solvency II drafts in May
  • IMF paper urges Aus bank capital boost
  • BoE: Limit bonuses to boost bank capital
  • 2012 vision: Increased regulatory exposure looms
  • Barnier offers hope to NYSE/Boerse
  • Esma rushes short selling consultation
  • Bowles re-elected as Econ chair
  • Hoogervorst hints at accounting slowdown
  • Asia in the year of the dragon
  • Barnier: FTT will not be forced on UK
INTERVIEWS & FEATURES

STRAW POLL

Will markets in 2012 have a tougher time than 2011?

Yes

No

Don’t know

View results

FIND A REGION world regions
 
Global Financial Strategy - [email protected] | Home | Legal | Contact design by SDV