FCA’s Rory Percival quits after 10 years


Rory Percival, a technical specialist at the FCA, is leaving the regulator after 10 years.

Percival joined the FSA in 2006, a month after the announcement of RDR, then moving to the FCA when it was formed. He has worked on various aspects of the FCA’s work, including RDR, CIPs, risk profiling and platform use by intermediaries.

He was previously a training and compliance officer at Fiona Price & Partners, and prior to that was a financial adviser.

Percival is leaving to set up his own consultancy. He previously said he planned to leave the FCA in two years’ time, when he reached 55. At the time he said: “After that I will probably look to do some consultancy work and maybe take up a couple of non-exec roles.”

The FCA confirmed his departure but declined to comment.