| Global, UK & Europe | Press releases
NEWS RELEASE: Financial regulation consultancy Bovill is welcoming Mike Harrison as the new Practice Lead of the Insurance and Lending team, which advises Bovill’s mortgage, consumer credit and insurance clients. The team specialises in a broad range of FCA regulations and their impact on a firm’s regulatory lifecycle.
With over 25 years’ experience in financial services regulation, Mike has worked both as a ‘skilled person’ where firms were instructed by the Financial Conduct Authority to carry out a ‘section 166 review’ and with the Institute of Chartered Accountants in England and Wales (ICAEW) on the provision of guidance to other skilled persons. His previous experience includes compliance advisory roles at Deloitte, two of the UK’s leading independent consulting firms, and most recently as Director of Risk & Compliance in a well-known mortgage and credit intermediary.
He has extensive experience in many aspects of FCA regulations, including regulatory reporting, affordability and credit worthiness assessments, conduct and culture, and financial crime.
Ben Blackett-Ord, CEO of Bovill, commented:
“We are really looking forward to working with Mike and welcoming him to the team here at Bovill. Our Insurance and Lending team will be strengthened by his expertise and knowledge of the FCA’s skilled person review process and his work with ICAEW on the guidance. This perspective will enrich our understanding in supporting inhouse compliance departments and be invaluable to our clients.”
Mike Harrison, Practice Lead, Insurance and Lending, commented:
“I am thrilled to be joining the team at Bovill and to take the lead of the Insurance and Lending practice. The firm has an impressive breadth of interesting clients and projects which I look forward to engaging in.”
“This is an exciting and challenging period for the UK financial services industry, and particularly for our sector, given the upcoming overhaul to Consumer Duty and the additional scrutiny the insurance market is currently under from the FCA.”