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Watchdog Unveils Recruits To Oversee Investment And Crypto Sectors
The UK’s financial watchdog has poached a director with specialist knowledge of economic crime and illicit finance from the National Crime Agency (NCA) for a new role overseeing the crypto-asset, e-money and payment markets.
The appointment is one of six new directorships revealed by the Financial Conduct Authority (FCA), as the regulator looks to beef up its top personnel covering traditional areas of investment, while burnishing its credentials amid calls for tougher oversight of the crypto sector.
Matthew Long will join the Financial Conduct Authority in October as director of payments and digital assets. Long is currently director of the National Economic Crime Command, part of the NCA.
He also led the UK Financial Intelligence Unit, which has national responsibility for receiving, analysing and disseminating financial intelligence through the Suspicious Activity Reports (SAR) regime.
SARs are pieces of information that alert law enforcers that client or customer activity is suspicious and might indicate money laundering or terrorist financing.
Joining Long in October will be Camille Blackburn in the new role of director of…
