Barrass to leave SRA


Barrass: five years at SRA

Samantha Barrass, who has led the Solicitors Regulation Authority’s (SRA) work on licensing alternative business structures, is leaving to become chief executive of the Gibraltar Financial Services Commission.

Ms Barrass will join the commission on 17 February 2014. Currently executive director of supervision, authorisation, and intelligence and investigation, she joined the SRA in 2009 after a career in the UK financial services sector, including a period in senior roles at the Financial Services Authority.

She was one of the first economists employed by the FSA to develop cost-benefit and other evidential techniques for new regulation.

She began her working career at the Reserve Bank of New Zealand as an economist focused on monetary policy strategy and economic reform.

SRA chief executive Antony Townsend, who himself is leaving the organisation, said: “I am particularly grateful to Samantha for her leadership in implementing outcomes-focused regulation and the framework for our licensing of ABSs. In addition, the development of our risk-based approach to regulation has been constant throughout her career here; first in her work with the risk centre and now through her leadership of the R-View change programme. I wish her every success in her new role.”

Commission chairman Alan Whiting said: “With Samantha’s proven high calibre and international experience in financial and legal regulation, I am confident that Gibraltar can look forward to continued growth as a successful, prospering and well regulated financial services sector with a high international reputation.”

Ms Barrass said: “The commission rightly enjoys a strong reputation for delivering high-quality regulation of Gibraltar’s growing and prosperous financial services sector. I am very much looking forward to leading the organisation, working closely with stakeholders, to build on those excellent foundations, further develop Gibraltar’s financial services markets and enhance its reputation for excellent regulation of those markets.”

Tags:




Leave a Comment

By clicking Submit you consent to Legal Futures storing your personal data and confirm you have read our Privacy Policy and section 5 of our Terms & Conditions which deals with user-generated content. All comments will be moderated before posting.

Required fields are marked *
Email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog


Civil enforcement – progress at last with CJC report

‘When do I get my money?’ is a question that litigators acting for successful parties are used to fielding. The value of judgments is of course in the recovery made.


Paralegals: Progression and recognition are key to retaining talent

Many lawyers could not do their jobs without the support of paralegals and for law firms to remain competitive, paralegals need to be central to their business.


PII excess: a growing risk for consultant solicitors

As more solicitors choose to work as consultants, a concerning contractual trend has emerged – the passing of professional indemnity insurance excess liabilities onto consultants.


Loading animation