Emily Shepperd, who joined the regulator in 2021, is yet to decide on her next role.
The agency has not yet named her replacement.
Emily Shepperd, who has served as Chief Operating Officer at the Financial Conduct Authority (FCA) for the past four years, has resigned from her position and will leave the regulator, according to a report by Financial News.
A Financial Industry Veteran
Before joining the FCA in 2021, Shepperd spent decades in the financial services industry. Although she has not yet lined up her next role following her regulatory tenure, she is reportedly looking to return to the private sector.
Emily Shepperd (photo: LinkedIn)
The FCA has not yet appointed a replacement for the COO role.
Over her three-decade career, Shepperd held senior operational roles in banking. She began her career at JPMorgan before moving to custody platform Pershing, a subsidiary of BNY Mellon, where she led programme change and management. She also served as BNY Mellon’s EMEA COO and was a Director at Aegon.
Nikhil Rathi, Chief Executive of the FCA, Source: Bank of England
“From turning around the operational performance in authorisations, whilst also ensuring a more rigorous gateway, to then transforming our overall operational performance, and most recently the development and launch of our new strategy, Emily has made a valuable impact on our organisation,” said Nikhil Rathi, CEO of the FCA, reflecting on Shepperd’s time at the regulator.
FCA and CFDs
The FCA regulates the broader financial services industry in the UK, including forex and contracts for differences (CFDs) brokers. Last December, the regulator revealed that 20 per cent of authorised CFD brokers in the country were inactive, and none of the 100 EU-based CFD brokers that entered under the temporary permissions regime after Brexit applied for full authorisation.
Recently, the FCA’s Joint Executive Director of Enforcement and Market Oversight, Therese Chambers, stated that the regulator aims to be more transparent with its data requirements for instruments such as CFDs and spread bets in order to improve market abuse surveillance.
Emily Shepperd, who has served as Chief Operating Officer at the Financial Conduct Authority (FCA) for the past four years, has resigned from her position and will leave the regulator, according to a report by Financial News.
A Financial Industry Veteran
Before joining the FCA in 2021, Shepperd spent decades in the financial services industry. Although she has not yet lined up her next role following her regulatory tenure, she is reportedly looking to return to the private sector.
Emily Shepperd (photo: LinkedIn)
The FCA has not yet appointed a replacement for the COO role.
Over her three-decade career, Shepperd held senior operational roles in banking. She began her career at JPMorgan before moving to custody platform Pershing, a subsidiary of BNY Mellon, where she led programme change and management. She also served as BNY Mellon’s EMEA COO and was a Director at Aegon.
Nikhil Rathi, Chief Executive of the FCA, Source: Bank of England
“From turning around the operational performance in authorisations, whilst also ensuring a more rigorous gateway, to then transforming our overall operational performance, and most recently the development and launch of our new strategy, Emily has made a valuable impact on our organisation,” said Nikhil Rathi, CEO of the FCA, reflecting on Shepperd’s time at the regulator.
FCA and CFDs
The FCA regulates the broader financial services industry in the UK, including forex and contracts for differences (CFDs) brokers. Last December, the regulator revealed that 20 per cent of authorised CFD brokers in the country were inactive, and none of the 100 EU-based CFD brokers that entered under the temporary permissions regime after Brexit applied for full authorisation.
Recently, the FCA’s Joint Executive Director of Enforcement and Market Oversight, Therese Chambers, stated that the regulator aims to be more transparent with its data requirements for instruments such as CFDs and spread bets in order to improve market abuse surveillance.
Arnab Shome is an electronics engineer-turned-financial editor. He holds a Bachelor of Technology from the National Institute of Technology, Agartala. He entered the retail trading industry about a decade ago, covering the cryptocurrency market for Finance Magnates, and later expanded his coverage to include forex and CFDs as well.
His work at Finance Magnates includes C-level interviews, data-driven analysis, opinion pieces, and scoops of industry exclusives. He also contributes to Finance Magnates’ quarterly industry report.
Area of coverage:
1. CFD broker-related news
2. Industry-related Regulatory updates and developments
3. New retail trading trends
4. Prop trading industry updates
5. Executive interviews
Education:
Bachelor of Technology - National Institute of Technology, Agartala (India)
Trading Technologies Names First Chief Strategy Officer, Hires Josh Monroe as CRO
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