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Sheldon Mills: FCA does not have ‘one-size-fits-all approach to regulation’

By 2022-05-13T07:39:00

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Achieving balance between the regulator’s 4,500 staff and the 55,000 firms its regulates is a challenge, notes the executive director

Sheldon Mills, the FCA’s executive director of consumers and competition, has emphasised that the financial services regulator does not have “a one-size-fits-all approach to regulation”. Instead, the FCA focuses on “prioritisation” to ensure it has “a proportionate regime”.

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