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Response to the FCA's update on its enforcement transparency proposals

Comment

12 March 2025

Miles Celic OBE | Chief Executive Officer

Responding to the FCA's update on its enforcement transparency proposals, Miles Celic, OBE, Chief Executive Officer, TheCityUK, said, “The FCA’s decision gives firms and investors greater certainty and predictability, which is good for the UK’s international competitiveness and wider economic growth. It is hugely positive that the FCA has been willing to proactively and constructively engage with industry on this issue - especially given the significant impact the proposed changes would have had on the UK’s status as a world-leading international financial centre. We look forward to continuing this positive engagement to support their commitment to the competitiveness of the UK’s regulatory environment and the government’s growth mission.”

Miles Celic OBE Chief Executive Officer

Miles has held the role of Chief Executive Officer since September 2016. He is also a board member of UK Finance and the Financial Services Skills Commission. He sits on a number of government groups.

Miles began his career in broadcasting, making and presenting radio and television programmes for the BBC and others. He moved on to work in the UK Parliament, where he focused on foreign affairs and defence issues. Miles subsequently worked in a number of leading public policy consultancies.

In 2007, Miles joined HSBC’s policy function to lead political engagement. Miles moved to Prudential in 2009 as Director of Group Public Affairs & Policy and became Director of Group Strategic Communications in 2013. He was a member of Prudential’s Group Leadership Team.

Miles was awarded an OBE for services to financial and professional services in the King’s New Year Honours List 2025.

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