FCA Chairman Griffith-Jones outlines four key challenges for successor

Brexit on top of Randell's 'to-do list'

Outgoing Financial Conduct Authority (FCA) Chairman John Griffith-Jones has set out four key challenges for his successor Charles Randell when his five-year term in office commences on 1 April.

In a speech to TheCityUK on Wednesday (14 March) Griffith-Jones, who will step down on 31 March after a first term marred by criticism, identified Brexit, technological advances, the relationship between the legal and regulatory process and the relationship between the FCA and those it regulates as the biggest issues facing Randell. Update: Banking crisis lawyer Charles Randell confirmed as next FCA chairman Former Slaughter and May lawyer Randell, who advised ministers on the 2008 financial crisis, was confirmed as the next FCA chairman in January and is scheduled to serve a five-yea...