The UK Financial Conduct Authority (FCA) has appointed Sarah Pritchard as its new Deputy Chief Executive
A role created to reflect the organization’s expanding responsibilities, including the integration of the Payment Systems Regulator and the regulation of stablecoin and crypto firms.
Since joining the FCA in June 2021
Pritchard has led the supervision, policy, and competition division, and has been instrumental in overseeing consumer and competition matters. Chief Executive Nikhil Rathi praised her contributions to significant reforms, including the overhaul of listing rules and advancements in financial advice. Pritchard will also support the FCA’s international focus, ensuring the organization maintains strong relationships as it navigates a complex regulatory environment.
The establishment of this role underscores the growing importance of stablecoin and crypto firms in the financial landscape
Reflecting regulators’ recognition of the need for comprehensive oversight in this rapidly evolving sector. As digital assets gain traction, the FCA aims to ensure consumer protection and market integrity while fostering innovation.