2 weeks ago
FCA appoints Sabina Saini as financial services attache to India
The UK has a group called the Financial Conduct Authority, or FCA, that makes rules for banks and money companies.
The FCA chose a person named Sabina Saini to be its helper in India.
She will work from Mumbai, a big city in India.
Her job is to help the UK and India work together on money rules.
She will also try to encourage companies to invest money in the UK.
Another person, Darine Obeid, will do a similar job in the United Arab Emirates.
The FCA wants to be connected with countries all around the world.
Sabina has worked with banks and money rules for almost 20 years.
The FCA also wants to help the UK economy grow and become stronger.
This is like sending a friendly expert to another country to talk about money and rules.
The UK's Financial Conduct Authority (FCA) appointed Sabina Saini as its new financial services attache to India.
Saini is based at the British Deputy High Commission in Mumbai and began her role last week.
Darine Obeid was appointed as the FCA's financial attache to the UAE, based at the British Embassy in Abu Dhabi.
The appointments aim to advance the UK's financial services interests and drive investment into the UK.
Saini has nearly 20 years of experience in financial regulation, audit and banking, and previously worked at the Bank of England.
- Who
- Sabina Saini, appointed by the UK's Financial Conduct Authority (FCA)
- What
- Appointed as the FCA's new financial services attache to India
- Where
- Based at the British Deputy High Commission in Mumbai, India
- When
- Began her role last week; announced around August 17
- Why
- To advance the UK's financial services interests and drive investment into the UK
Key facts
- Regulator
- Financial Conduct Authority (FCA)
- New attache to India
- Sabina Saini
- India posting location
- British Deputy High Commission, Mumbai
- New attache to UAE
- Darine Obeid
- UAE posting location
- British Embassy, Abu Dhabi
- FCA Director - International
- Ruairi O'Connell
- FCA CEO
- Nikhil Rathi
- Saini's experience
- Nearly 20 years in financial regulation, audit and banking
Quotes
Ruairi O’Connell
Director – International, Financial Conduct Authority
“"Our new financial services attaches in India and the UAE will advance the UK’s interests on financial services policy and help drive investment into our open market."”
theprint.in
Nikhil Rathi
CEO, Financial Conduct Authority
“"We look forward to delivering our vision for the future with all our partners, and as we become a smarter regulator – supporting growth, helping consumers and fighting crime."”
theprint.in
Sources
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