FinTech Magazine June 2024 | Page 23

EXECUTIVE INSIGHT
Q . YOU ’ VE LED SOME HIGH- PROFILE MONITORSHIPS FOR US AND UK REGULATORY AUTHORITIES . HOW DID THIS COME ABOUT AND WHAT KIND OF SAFEGUARDS DID YOU PROVIDE ?

» US and UK regulatory authorities typically allow banks to provide them with a list of three firms – with one highlighted as their top choice . It ’ s then up to the regulatory authority to decide who gets selected . When undertaking independent reviews on behalf of regulators , my role is to consult with the firm to ensure they understand where their programme has regulatory gaps , how they compare to other firms so they can learn from them , and finally help them achieve regulatory compliance .

Q . WE ALWAYS END ON A LIGHT NOTE ! IF YOU WERE TRAPPED ON A DESERT ISLAND WITH THREE OTHER PEOPLE ( EXCLUDING FRIENDS AND FAMILY ) WHO WOULD THEY BE AND WHY ?

» Megan Hine , the explorer and survivalist , so I can learn survival tips from her . My favourite chef , Nigella Lawson , so I don ’ t starve . And , finally , my tennis coach – I ’ ll have ample time on my hands , so plenty of time to perfect my game for when I return to civilisation !

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