BusinessPeople In BusinessFSA appoints forensic chief as advisor

FSA appoints forensic chief as advisor

Top accountant gains senior advisor role with city watchdog

The FSA has appointed forensic
accounting expert, David Smith as one of its three new senior advisors or ‘grey
panthers’ as they are colloquially referred to by the regulator.

Smith, who was formerly senior partner of KPMG Forensic Accounting, will act
as a sounding board over accountancy matters.

‘The senior advisers are appointed to give us insight into the markets that
we regulate. They come in and talk to us about how any policy we might be
planning would be perceived and work in the external world,’ said FSA
spokeswoman, Teresa La Thangue.

Smith has more than 20 years forensic experience of leading major financial
investigations for the Bank of England and FSA as well as audits into oil and
gas, banking and insurance industries. Since retiring from KPMG in 2003 he has
worked on a major compliance issue for a global bank and in 2007 helped the
start up of a US forensic firm in London.

The other two advisers are Simon Stockwell, a former head of European audit
and compliance at investment bank Lehman Brothers, and Jeremy Bennett, who has
more than 20 years senior banking.

‘These appointments further underline the FSA’s commitment to having the
right mix of people with market experience and regulatory backgrounds in the
organisation,’ said Sally Dewar, FSA managing director of wholesale and
institutional markets.

Related Articles

Shortlist announced for British Accountancy Awards 2017

Accounting Firms Shortlist announced for British Accountancy Awards 2017

4m Emma Smith, Managing Editor
Pimlico Plumbers to take employment case appeal to Supreme Court

Legal Pimlico Plumbers to take employment case appeal to Supreme Court

4m Alia Shoaib, Reporter
HMRC appoints new director generals

HMRC HMRC appoints new director generals

5m Alia Shoaib, Reporter
Submit your entry for the British Accountancy Awards!

People Business Submit your entry for the British Accountancy Awards!

6m Emma Smith, Managing Editor
BDO appoints two non-executive directors as advisers to leadership team

Accounting Firms BDO appoints two non-executive directors as advisers to leadership team

6m Emma Smith, Managing Editor
Ex-HMRC chief to join ICAS council

HMRC Ex-HMRC chief to join ICAS council

8m Emma Smith, Managing Editor
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Settlement reached between Margaret May and CIMA

Accounting Standards Settlement reached between Margaret May and CIMA

11m Stephanie Wix, Writer