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The agency replacing the U.K.’s Financial Services Authority will be more “dynamic and interventionist” than its predecessor when evaluating financial products geared toward consumers, said Margaret Cole, the FSA’s conduct business chief.
BusinessWeek.com — Finance

Verena Ross, international director of the U.K.’s Financial Services Authority, is vying with European Commission official Maria Velentza for the top administrator job at the EU’s market regulator, according to three people familiar with the selection process.
BusinessWeek.com — Finance