Sam Woods has been reappointed as Deputy Governor of the Bank of England with responsibility for Prudential Regulation and will continue as chief executive of the Prudential Regulation Authority.

Mark Neale, chief executive of the Financial Services Compensation Scheme (FSCS), will step down on 3 May 2019 after nine years in the role.

The FCA and PRA have jointly fined James Staley £642,430 and announced special requirements on whistleblowing systems and controls at Barclays Bank.

The Association of British Insurers has voiced unexpectedly strong criticism of the latest Prudential Regulation Authority proposals which it warns is planning to further increase reporting burdens for insurers.