Mark joined the PSR in February 2022 Mark is the Senior Manager of the PSR’s Enforcement and Compliance Team. Mark’s teams focus on driving better outcomes for people and businesses by having a dedicated focus on monitoring compliance, and they can intervene when they identify non-compliance with statutory and regulatory requirements. They act in a proportionate manner, aiming to respond quickly when they identify poor compliance, particularly when it has a detrimental impact on users of payment systems, or the objectives of the PSR.
The enforcement team investigates the most serious non-compliance and can sanction compliance failures. This allows the PSR to publicise their expectations of firm’s compliance, discipline poor compliance and to deter others from similar conduct
Mark joined the PSR from the Enforcement Division of the Financial Conduct Authority where he primarily led investigations into misconduct, including market abuse, insider dealing and fraud.