The FSA has announced that Dan Waters, director of conduct risk and asset management sector leader, is to leave the regulator.
Chief executive Hector Sants told the staff: “It is with regret that I have to inform you that Dan Waters has decided to leave the FSA. Dan has determined that making the necessary long-term commitment to the complex set-up and operation of the new regulatory regime would not be the appropriate choice at this stage of his career. He is considering other opportunities that will allow flexibility to pursue his interests here in the UK while allowing him time to meet family obligations in the US.
