The Financial Conduct Authority (FCA) has expanded its international footprint by opening offices in North America and the Asia Pacific region. This strategic expansion is designed to enhance the FCA’s global engagement and improve regulatory collaboration. Tash Miah, formerly head of the FCA’s financial stability group, will be positioned at the British Embassy in Washington, DC. His role involves addressing transatlantic financial services policy and assisting US companies with UK regulatory compliance. The Asia Pacific office, set to open in July, will be led by Camille Blackburn, who transitions from her position as director of wholesale buyside to regional director in Australia. Blackburn’s responsibilities will center on facilitating access for APAC firms to the UK market while supporting UK companies looking to expand regionally.
Sarah Pritchard, the FCA’s executive director, stated these initiatives are aimed at promoting UK financial services internationally and increasing investment attraction. This effort underscores the FCA’s commitment to strengthening international partnerships and addressing the growing demand from international investors for better market accessibility. The move aligns with a broader regulatory trend focused on easing cross-border financial activities and encouraging economic growth. By establishing a permanent presence in these key regions, the FCA demonstrates a forward-thinking approach to global financial oversight and cooperation.
