Former FCA CRO Gavin Stewart on the compliance risks that City watchdogs may have missed, and how UK regulation and regulatory operations should be improved

Today’s guest explains why the UK could be sleepwalking into a new compliance scandal, and he details where such a blow-up might originate.

He outlines how he believes financial services regulation could be improved – both by policymakers in government and the regulators themselves.

And he details what opportunities for financial services reforms he believes the new Labour government should prioritise in the months ahead.

Gavin Stewart’s career includes 13 years at the Bank of England, 10 years at the Financial Conduct Authority’s predecessor the Financial Services Authority and just under four years at the FCA, including a two-year stint as its chief risk officer.  He worked at consulting group Grant Thornton for six years before leaving in early 2023 to write a book.