Regulations

Story: Kirsty Cooper Chairs FCA Listing Authority Panel as Woodman and Hammerstein Stay On

By James Thorp

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Woodman and Hammerstein Keep Their Seats. Two other panel chairs aren't going anywhere. Clare Woodman, CEO of Morgan Stanley & Co.

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Cooper Succeeds Gradden at the LAAP. Cooper takes over from Mandy Gradden, who had been a consistent presence in supporting the FCA's…

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Kirsty Cooper is now running the Financial Conduct Authority's Listing Authority Advisory Panel.

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Cooper brings over 30 years in insurance and financial services. She's held senior positions at Scottish Widows Group, Aon UK Group Limited, and most recently served as Group…

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Woodman's track record runs well beyond her title. She's been involved in industry organizations and sits on the Morgan Stanley International Foundation, giving her a perspective…

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Hammerstein's background at Barclays spans retail lending and corporate strategy. That's a wide lens.

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Not much has been said publicly about where these panels go next. No comments on future strategic changes.

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Related: FCA Sets October 2027 Deadline for Crypto Firms Seeking UK Authorization

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The statutory panels were set up under the Financial Services and Markets Act 2000 as a formal channel between the regulator and the people it regulates. That's the whole point.

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And that last bit matters more than it might seem. The UK's position as a financial hub isn't guaranteed.

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Cooper's appointment lands at a moment when the FCA is still working through a significant overhaul of its listing regime — changes that have been years in the making and that…

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Her Aviva experience is worth dwelling on. Corporate governance at a FTSE-listed insurer isn't a quiet job.

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See also: Binance Faces $200M UK Lawsuit as 1,700 Investors Claim Illegal Derivatives

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The FCA's three statutory panels — the LAAP, the Markets Practitioner Panel, and the Practitioner Panel — each cover different ground but share the same basic function:…

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So Cooper chairs the LAAP from July 1. Woodman and Hammerstein pick back up from August 1. The panels keep running.

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