The UK’s Chancellor of the Exchequer, Alistair Darling, has announced the appointment of Lord Adair Turner as chairman of the Financial Services Authority (FSA) for a period of five years. Lord Turner will take up his appointment in September when Sir Callum McCarthy steps down. The Chancellor commented: “I am delighted to appoint Adair Turner as chairman of the FSA. His wide-ranging expertise will be invaluable in driving forward the FSA’s objectives to maintain confidence in the financial system, promote public understanding of it, protect consumers and reduce financial crime. I look forward to working with him.” Jonathan Adair Turner, Baron Turner of Ecchinswell, is a UK businessman, academic, and currently is chairman to the Economic and Social Research Council. He is also currently a non-executive director for business groups including Standard Chartered, Siemens and Paternoster. He is a former chair of the Low Pay Commission and Pensions Commission, former Director-General of the Confederation of British Industry (CBI), a former vice chairman of Merrill Lynch Europe, and a former advisor to Climate Change Capital. Lord Turner said: “I am delighted to be taking over from Callum McCarthy at the FSA, and look forward to leading the Authority as it meets the challenges ahead.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more