FSA installs two new enforcement bosses

The Financial Services Authority (FSA) has appointed two new heads of department as the authority continues to restructure its enforcement group.

The appointments come just weeks after the FSA set up a new unit to ‘stress test’ enforcement cases before they are taken to formal disciplinary review, as first revealed by director of enforcement Margaret Cole in an exclusive interview with The Lawyer (9 January).

Jamie Symington will replace Ian Mason, who is leaving the FSA. Symington joins Carlos Conceicao as co-head of the enforce-ment wholesale group, as first revealed on www.thelawyer.com (23 February). Symington is a qualified barrister who has also worked at the Department of Trade and Industry, advising the Foreign Office and on company investigations.

Since 2004, Symington has been part of the enforcement division’s wholesale group, managing investigations and prosecutions of market abuse.

William Amos is taking over from Julia Dunn as head of the enforcement group’s retail department. Amos joined the FSA from the Bank of England and has been a member of the enforcement department since 2001. Dunn is moving internally.

The new litigation and legal review unit aims to assess the evidence and recommendations put before the Regulatory Decisions Committee by the FSA’s enforcement division.

Tracey McDermott, former head of the division’s retail unit, is leading the new team.