UK’s FCA names first members of its new innovation advisory group
The UK’s Financial Conduct Authority (FCA) has appointed the first set of members to its newly formed Innovation Advisory Group (IAG).
The group, announced in November, will consist of both rotating members and permanent members who will advise on planned initiatives, highlight issues and concerns impacting fintech and regtech, and identify opportunities for collaboration between the financial services industry and the FCA.
The members of the IAG will meet for the first time in February, the FCA says, and will subsequently meet regularly throughout the year.
The newly appointed rotating members are:
- Pinar Akman, Professor of Law and Director at Jean Monnet Centre of Excellence on Digital Governance – University of Leeds
- Esra Kasapoglu, Director of AI and Data Economy – Innovate UK
- Etay Katz, Senior Partner, Financial Regulation – Ashurst LLP
- Massimo Preziuso, Lecturer in Sustainable Financial Technology – University of Salford
- Ghela Boskovich, Founder of FemTechGlobal and Head of Europe – Financial Data and Technology Association (FDATA)
- Alastair Reed, Principal Policy Adviser, Money – Which?
- Tom Bull, Partner and Head of FinTech Growth – Ernst & Young LLP
Rotating members will join the IAG for a minimum of one year and work alongside a group of trade associations and a research firm who have been appointed permanent members. These are:
- Phillip Mind, Director of Digital Technology & Innovation – UK Finance
- Adam Jackson, Director of Policy – Innovate Finance
- Jason Boud, Co-Founder & CEO – RegTech Associates
- Ian Waterworth, Director of Technology & Operations – Association for Financial Markets in Europe (AFME)
- John Allan, Head of Innovation and Operations Unit – The Investment Association
The FCA says its first set of members “bring a wealth of knowledge and experience” in areas that are closely aligned to the innovation department’s workplan for 2023, including artificial intelligence and other emerging technologies, competition, digital markets, financial inclusion, and sustainability.