White & Case partner to be new FSA enforcement chief

The Financial Services Authority (FSA) has raided White & Case for its new director of enforcement.
Margaret Cole, a London-based litigation partner at the US firm, is to succeed Andrew Procter who was poached by Deutsche Bank to head the German bank’s compliance team.

The appointment follows a global search for a successor, with the FSA targeting candidates from the US Securities and Exchange Commission and the Futures Commission of Hong Kong as well as Australian regulators.

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