UK FSA sees further departures

LONDON – Mark Norris has announced he will step down from his position as chief operating officer and managing director at the UK Financial Services Authority (FSA). This is the latest of a number of senior management resignations at the UK regulator, which is set to be folded into the Bank of England under regulatory restructuring plans. Jon Pain and Sally Dewar, who had headed the departments of supervision and risk respectively, have announced their intention to leave the FSA in the