Clive Briault

Clive Briault

Senior Consultant

Clive Briault is a Senior Consultant with FSC. Clive has a wealth of experience and expertise in regulation, gained from ten years as a senior regulator at the Financial Services Authority (FSA) and eighteen years at the Bank of England.

Clive is a consultant to financial institutions and regulatory agencies both in the UK and overseas. He also serves as a non-executive director for firms wishing to have his wise counsel on regulatory and related business issues. He is particularly well placed to advise on the impact of regulatory changes and help firms to understand and prepare for such changes. He is a program leader at the Toronto Centre for Leadership in Financial Supervision.

At the FSA, Clive was Managing Director for Retail Markets and an executive member of the FSA Board from 2004 to 2008, responsible for:

  • Delivering key regulatory initiatives, including the implementation of new capital regimes for banks and insurers, Financial Capability, Treating Customers Fairly, and the Retail Distribution Review.
  • Supervising retail financial services firms, including UK banks and building societies, life insurance companies, asset management companies and investment, mortgage and general insurance advisers.
  • Implementing risk-based and outcome-focused regulation.

Prior to that, Clive was the Director of Prudential Standards from 2001 to 2004, responsible for capital requirements for all types of financial services firms, and in particular for the development and introduction of the FSA’s modernised capital regime for insurance companies. Clive was also a founding member of the Committee of European Banking Supervisors.

At the Bank of England, Clive held senior roles in both the supervision and monetary policy areas of the Bank. These included Director of Capital and Wholesale Markets Supervision and Director of Monetary Assessment and Strategy. Clive was closely involved with the development and implementation of the Bank’s inflation target framework for monetary policy.

In terms of voluntary service, Clive chairs the West Ham & Plaistow New Deal Partnership Limited, a charity devoted to improving community services in West Ham and Plaistow areas of London.