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Investing.com -- The Financial Conduct Authority (FCA) of Britain has, for the first time, appointed staff in the United States and the Asia-Pacific region.
This move is aimed at assisting overseas companies to enter the British market and enhance the exports of UK financial services, according to a statement from the watchdog on Tuesday.
Tash Miah, a former investment banker, began his role at the British embassy in Washington, D.C. in April. His role will be to aid U.S. financial firms in navigating British regulations, the FCA reported.
In addition, Camille Blackburn is set to open the FCA’s regional office in Australia starting from July this year, as stated by the FCA. This is part of the FCA’s strategy to support firms operating between the Asia-Pacific region and Britain.
Sarah Pritchard, executive director at the FCA, stated on Tuesday, "These appointments will help us deliver on our mission to support growth through the export of UK financial services and attracting more inward investment to our shores."
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