Equiti Group has made a couple of big changes in its top management as Equiti Capital (UK) CEO Brian Myers was relieved from his post to become the Chief Executive of Equiti Brokerage (Seychelles), the Group’s newest licensed entity.
Additionally, he will become the CEO of the Group’s African business and be responsible for leading the implementation of strategic business plans in the continent.
At the London office, Myers was replaced on an interim basis by Nigel Holmes, who has been a Director and Board Member of Equiti Capital (UK) since March 2018.
Announced on Thursday, the management changes are now subject to the approval of the UK’s Financial Conduct Authority (FCA)
Financial Conduct Authority (FCA)
The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its role includes protecting consumers, keeping the industry stable, and promoting healthy competition between financial service providers. The FCA publishes and updates a guide handbook that sets out the rules, guidance, and provisions made by the FCA under its powers. The FCA has supervisory authorities overall financial services firms conducting regulated activities, such as offering loans, car financing deals, any consumer credit. Investment firms carrying on certain activities concerning financial instruments such as shares and bonds, the Markets in Financial Instruments Directive (MiFID) requires you to be authorized. Businesses are providing pre-paid cards or other such financial services, money transfers, E-money, and credit cards. The Financial Conduct Authority (FCA) ExplainedThe Financial Conduct Authority is responsible for all financial activities conducted in the UK or by UK citizens. Parliament gave the FCA a single strategic objective – to ensure that relevant markets function well – and three operational goals to advance, i.e. protecting consumers, integrity, and promoting competition.The FCA has been instrumental in policing the forex industry, including curbing market abuse in the form of scams, schemes, clones, etc. Recent years has seen the authority take a harder stance on investment products, including forex, contracts-for-difference (CFDs), and binary options.
The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its role includes protecting consumers, keeping the industry stable, and promoting healthy competition between financial service providers. The FCA publishes and updates a guide handbook that sets out the rules, guidance, and provisions made by the FCA under its powers. The FCA has supervisory authorities overall financial services firms conducting regulated activities, such as offering loans, car financing deals, any consumer credit. Investment firms carrying on certain activities concerning financial instruments such as shares and bonds, the Markets in Financial Instruments Directive (MiFID) requires you to be authorized. Businesses are providing pre-paid cards or other such financial services, money transfers, E-money, and credit cards. The Financial Conduct Authority (FCA) ExplainedThe Financial Conduct Authority is responsible for all financial activities conducted in the UK or by UK citizens. Parliament gave the FCA a single strategic objective – to ensure that relevant markets function well – and three operational goals to advance, i.e. protecting consumers, integrity, and promoting competition.The FCA has been instrumental in policing the forex industry, including curbing market abuse in the form of scams, schemes, clones, etc. Recent years has seen the authority take a harder stance on investment products, including forex, contracts-for-difference (CFDs), and binary options.
Read this Term) and Seychelles’ Financial Services Authority (FSA).
Myers joined the Equiti Group in mid-2018, becoming the CEO of its UK subsidiary. Before that, he was the Head of GKFX, the brokerage brand of Global Kapital. Moreover, he served as the Chief Commercial Officer (EMEA) at OANDA and Global Head of Sales at Alpari (UK).
“The Group is very appreciative of Brian’s contributions to date and now looks forward to seeing his experience and talents applied in helping the Group to quickly and successfully expand its African footprint including assuming the role of CEO for our new entity Equiti Brokerage (Seychelles),” said Iskandar Najjar, CEO at the Equiti Group.
Replaced by a Veteran
Myers’ interim replacement in the UK, Holmes, brings 37 years of financial services industry experience to the role. He spent 24 years of his career at Societe Generale Corporate & Investment Bank, and also had stints at Lloyds Bank and Standard Chartered.
“Nigel’s extensive financial services experience gained across both the brokerage and banking industries, as well as in-depth knowledge of the global Equiti Group, will ensure that Equiti Capital (UK) continues on its strong growth path under solid leadership,” Najjar added.
Equiti Group has made a couple of big changes in its top management as Equiti Capital (UK) CEO Brian Myers was relieved from his post to become the Chief Executive of Equiti Brokerage (Seychelles), the Group’s newest licensed entity.
Additionally, he will become the CEO of the Group’s African business and be responsible for leading the implementation of strategic business plans in the continent.
At the London office, Myers was replaced on an interim basis by Nigel Holmes, who has been a Director and Board Member of Equiti Capital (UK) since March 2018.
Announced on Thursday, the management changes are now subject to the approval of the UK’s Financial Conduct Authority (FCA)
Financial Conduct Authority (FCA)
The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its role includes protecting consumers, keeping the industry stable, and promoting healthy competition between financial service providers. The FCA publishes and updates a guide handbook that sets out the rules, guidance, and provisions made by the FCA under its powers. The FCA has supervisory authorities overall financial services firms conducting regulated activities, such as offering loans, car financing deals, any consumer credit. Investment firms carrying on certain activities concerning financial instruments such as shares and bonds, the Markets in Financial Instruments Directive (MiFID) requires you to be authorized. Businesses are providing pre-paid cards or other such financial services, money transfers, E-money, and credit cards. The Financial Conduct Authority (FCA) ExplainedThe Financial Conduct Authority is responsible for all financial activities conducted in the UK or by UK citizens. Parliament gave the FCA a single strategic objective – to ensure that relevant markets function well – and three operational goals to advance, i.e. protecting consumers, integrity, and promoting competition.The FCA has been instrumental in policing the forex industry, including curbing market abuse in the form of scams, schemes, clones, etc. Recent years has seen the authority take a harder stance on investment products, including forex, contracts-for-difference (CFDs), and binary options.
The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its role includes protecting consumers, keeping the industry stable, and promoting healthy competition between financial service providers. The FCA publishes and updates a guide handbook that sets out the rules, guidance, and provisions made by the FCA under its powers. The FCA has supervisory authorities overall financial services firms conducting regulated activities, such as offering loans, car financing deals, any consumer credit. Investment firms carrying on certain activities concerning financial instruments such as shares and bonds, the Markets in Financial Instruments Directive (MiFID) requires you to be authorized. Businesses are providing pre-paid cards or other such financial services, money transfers, E-money, and credit cards. The Financial Conduct Authority (FCA) ExplainedThe Financial Conduct Authority is responsible for all financial activities conducted in the UK or by UK citizens. Parliament gave the FCA a single strategic objective – to ensure that relevant markets function well – and three operational goals to advance, i.e. protecting consumers, integrity, and promoting competition.The FCA has been instrumental in policing the forex industry, including curbing market abuse in the form of scams, schemes, clones, etc. Recent years has seen the authority take a harder stance on investment products, including forex, contracts-for-difference (CFDs), and binary options.
Read this Term) and Seychelles’ Financial Services Authority (FSA).
Myers joined the Equiti Group in mid-2018, becoming the CEO of its UK subsidiary. Before that, he was the Head of GKFX, the brokerage brand of Global Kapital. Moreover, he served as the Chief Commercial Officer (EMEA) at OANDA and Global Head of Sales at Alpari (UK).
“The Group is very appreciative of Brian’s contributions to date and now looks forward to seeing his experience and talents applied in helping the Group to quickly and successfully expand its African footprint including assuming the role of CEO for our new entity Equiti Brokerage (Seychelles),” said Iskandar Najjar, CEO at the Equiti Group.
Replaced by a Veteran
Myers’ interim replacement in the UK, Holmes, brings 37 years of financial services industry experience to the role. He spent 24 years of his career at Societe Generale Corporate & Investment Bank, and also had stints at Lloyds Bank and Standard Chartered.
“Nigel’s extensive financial services experience gained across both the brokerage and banking industries, as well as in-depth knowledge of the global Equiti Group, will ensure that Equiti Capital (UK) continues on its strong growth path under solid leadership,” Najjar added.
