The Treasury has appointed financial services lawyer Rachel Kent as the next financial regulators complaints commissioner (FRCC).
Kent, currently a partner in the financial services regulatory team at law firm Hogan Lovells, will start her five-year term on 1 January 2024, succeeding current commissioner Amerdeep Somal. In March of this year, Kent headed the Investment Research Review, which examined the role of investment research and its influence on the competitiveness of the UK's capital markets. The FRCC allows firms to complain about decisions issued by the City's key watchdogs: the Financial Conduct Authority, Prudential Regulation Authority and the Payments Systems Regulator. Treasury to appoint next ...
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