Nikhil Rathi has been re-appointed as the CEO of the UK’s Financial Conduct Authority (FCA) for another five years. This marks the first time a CEO has been granted such an extension by the Treasury. Under Rathi’s leadership, the FCA has successfully registered 51 crypto firms under its money laundering regulations. Notable firms include Coinbase, Revolut, eToro, and BlackRock. The FCA aims to establish a new crypto regime by 2026, which will include a fresh authorization process. By early next year, the FCA plans to release papers on stablecoins, trading platforms, staking, prudential crypto exposure, and lending. The new regime will be implemented following the publication of final policy statements in 2026. Rathi’s extended tenure will allow him to continue driving reforms to enhance the UK’s business environment while ensuring consumer protection and market confidence.
Manu Kumar Jain
@manukumarjain
·
Mar 1 True story of how Mr. #Tata invested in us!I still remember that day 10 years ago, in early 2015, when Hugo and I met Mr #RatanTata for the first time. I was incredibly nervous — the meeting was scheduled last minute, and I didn’t feel fully prepared to present to someone of
Yandy Plasencia
@yandyplasencia
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5h Leadership continuity is essential for innovation in finance.
The reappointment of Nikhil Rathi as CEO of the Financial Conduct Authority underscores the importance of steadfast leadership in navigating regulatory complexities.
In a landscape defined by rapid change,
NIC
@NICMeity
·
Apr 9 CGA appreciated NIC’s role in #PFMS, acknowledging its pivotal role in bringing transformative changes, enhancing transparency, and improving efficiency in public financial management.#NICMeitY #DigitalIndia #DigitalTransformation
Justin Cash
@Justin_Cash_1
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7h BREAKING: FCA chief Nikhil Rathi has won a second term.https://fnlondon.com/articles/fca-chair-nikhil-rathi-reappointed-for-second-term-6588d5b0?mod=homepage…
Aditya Mittal
@mittaladitya89
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Apr 9 After the Sahara n Vijay Mallya’s case, NCLAT was introduced.
1000s of companies that went bankrupt/defaulted/frauded were sold for parts/scraps. These were all excessive loans given during the congress era. 10x loans on 1x revenue.
resolution is 100x better nothing.
Portfolio Adviser
@PortfAdviser
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2h Nikhil Rathi has been appointed as CEO of the Financial Conduct Authority (FCA) for a second term.Learn more: http://portfolio-adviser.com/nikhil-rathi-reappointed-as-fca-chief-executive/…#FCA #Regulation #PeopleMoves #CEO
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