FCA Names Geale to Lead Payment Overhaul and Crypto Oversight

UK has been ‘too prudent’ in approach to mortgages, FCA director says

The UK has been “too prudent” in its approach to mortgages, which has meant credit-worthy individuals are being left out, the FCA director has said.

FCA appoints Executive Director for Payments and Digital Finance - Credit Connect

The Financial Conduct Authority (FCA) has announced that it has appointed David Geale as permanent Executive Director for Payments and Digital Finance and Managing Director of the Payment Systems Regulator.  In his role Geale will be responsible for helping to deliver the National Payments Vision and driving the FCA’s work on open banking and digital finance. He will also play a key role in the work to consolidate the PSR into the FCA, as announ…

FCA Names David Geale Executive Director for Payments and PSR Managing Director

The UK's Financial Conduct Authority appointed David Geale to take on dual responsibilities as the FCA's executive director for payments and digital finance, and managing director of the Payment Systems Regulator (PSR), just as the two bodies begin a government-mandated consolidation.Industry Veteran with Reform CredentialsGeale steps in as the FCA takes on broader duties across crypto, payments, and open banking. His role places him at the cent…

FCA publishes appointed representatives data

On 7 May 2025, the Financial Conduct Authority (FCA) published data on the appointed representatives (AR) population and financial services activity. The FCA explains that it is focused on strengthening principal firm oversight of ARs and that its commitment to being a smarter data-led regulator shapes the work it does. It collects data on principal firms and ARs through forms and data submissions from ARs and other data provided by firms, and i…

FCA Names Geale to Lead Payment Overhaul and Crypto Oversight

The Financial Conduct Authority (FCA) has appointed David Geale to a pivotal role, tasked with steering the regulator through a period of significant change and opportunity. Geale will be instrumental in delivering the National Payments Vision, a roadmap aimed at modernizing the UK’s payment systems. This includes driving the FCA’s work on open banking and digital finance, areas that promise to… Source

Geale handed key role in FCA and PSR consolidation – Mortgage Strategy

The Financial Conduct Authority (FCA) has appointed David Geale as executive director for payments and digital finance and managing director of the Payment Systems Regulator (PSR). Geale will be responsible for helping to deliver the ‘National Payments Vision’ and driving the FCA’s work on open banking and digital