Home Banking Cost Programs Regulator names Ruth Wandhöfer as new chair – FinTech Futures

Cost Programs Regulator names Ruth Wandhöfer as new chair – FinTech Futures

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The UK’s Cost Programs Regulator (PSR) has introduced the appointment of Dr Ruth Wandhöfer as chair of its PSR Panel.

Wandhöfer says the panel performs “a really the PSR panel performs “an vital position in supporting sound regulation”

Wandhöfer replaces Stephen Locke, an impartial advisor, who held the place for six years.

The PSR Panel represents the pursuits of contributors in regulated fee techniques and their potential prospects.

An appointment of a brand new chair is made by the PSR Board and authorised by HM Treasury.

Wandhöfer has extensive ranging expertise in funds, banking, market infrastructure and funding.

She has held chair positions at working teams and multi-stakeholder boards, together with the European Funds Council and European banking Federation.

She was additionally beforehand a member of the Financial institution of England’s RTGS Renewal Stakeholder Advisory Group.

“The Panel performs a vital position in supporting sound regulation of fee techniques,” says Wandhöfer.

“It attracts its membership from a various group of suppliers and customers of funds throughout the nation and ensures that their views are on the forefront of change.

“I’m wanting ahead to persevering with to work with the PSR and key stakeholders to make sure these views are nicely represented by the Panel.”

Associated: UK Finance lands two new managing directors

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