Paul Dyer, former deputy chief risk officer at the FCA, has been appointed to spearhead work on regulatory risk at Huntswood, the regulatory advisory and specialist resourcing firm.

Huntswood says that, as an expert on the UK’s regulatory landscape, Mr Dyer has “a wealth of experience developing regulatory, risk and compliance practices for organisations within the financial services sector”.

His appointment bolsters Huntswood’s current advisory practice and he will be tasked specifically with supporting regulated firms to overcome risk and compliance challenges to ensure the best outcomes for customers.

The firm says he will “also be pivotal in driving the business forward into new growth areas, including sectors that are increasingly subject to similarly complex legislation”.

Mr Dyer specialises in helping businesses to develop risk-based thinking and processes.

Throughout his career, he has developed solutions to complex problems for regulators, insurers, banks, pensions, FX and investment firms.

Most recently at the FCA he led the operational risk, compliance and risk assurance teams.

Mr Dyer said: “My time at the FCA has been both fascinating and compelling, but I’m thrilled to be taking on a new challenge at Huntswood.

“Although often difficult to navigate, regulatory compliance ensures that consumers are treated fairly and is absolutely critical in demonstrating good business practice.

“I look forward to bringing everything I learnt at the FCA to Huntswood to help firms develop innovative and practical ways to overcome risk and ensure a competitive edge.”

Nick Ross, managing director, advisory, at Huntswood, said: “I am thrilled that Paul has joined the Huntswood team, bringing his expert insight into the complex regulatory world that we now operate in.

“Paul’s experience and knowledge will allow us to build on the expert regulatory consultancy we already provide to clients, while supporting our growth and expansion into new areas.”