Martin Wheatley, chief executive of the Hong Kong Securities and Futures Commission, will leave his position when his contract expires in the summer.
Having announced his departure in
December, he was named at the beginning of February as the
first head of the UK’s Consumer Protection and
The Financial Services Authority
is to be split, with the Bank of England taking over bank
regulation and the new CPMA being created. It will regulate the
UK securities and personal finance markets.
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