At the same time, Simon Andrews has been promoted to Director of Commodities, a new role which will see him spearhead the FOAâs increased activities in this sector. Simon has been with the FOA for 6 years and has additional oversight of prudential regulation and taxation issues. Both Simon and Blake report to Kathleen Traynor, Executive Director, Regulation, who will manage the FOAâs priorities within the regulatory area.
The formation of the strengthened team is recognition of the impact of the growing regulatory workload facing the exchange traded derivatives industry. âWhether it is analysing of the impact of MiFID/MiFIR or understanding the full implications of ESMAâs work programme, the FOA must have the capacity to help steer its members through the regulatory change agenda while sustaining industry growth and enhancing market integrity,â says FOA chief executive Anthony Belchambers. âThese appointments reflect the importance of that activity.â