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Compliance Corner: UK Financial Conduct Authority

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Financial Conduct Authority
The Financial
Conduct Authority has named a former Goldman Sachs, Deutsche
Bank and US regulatory figure to a new senior role at the UK
organisation, while making a number of other
appointments.
Mel Gunewardena will be taking up a senior advisor role
at the FCA – joining in mid-May. He is chief market
intelligence officer at the Commodities and Futures Trading
Commission based in Washington DC.
Gunewardena, who is a former Goldman Sachs MD from the US firm’s
currency and commodities division, was also a senior MD at
Deutsche Bank and at State Street. He has worked in New York,
Washington DC, London, and Hong Kong in global trading, risk
management, investment management, policy, supervision, and
handling regulatory matters across global commodities and
derivatives markets.
Graeme Reynolds, who has been appointed director of competition,
is one of the FCA’s deputy chief economists. Simon Walls, who has
been appointed as an interim wholesale director, has been head of
wholesale markets since 2016. He has been with the FCA/FSA
since 2006 in a variety of wholesale roles, including seven years
in asset management supervision. The FCA is recruiting two
permanent wholesale directors to join the FCA’s Supervision,
Policy and Competition senior leadership team.