The role of Regulators has never been more complex and society demands higher quality regulation as a crucial step in rebuilding trust in UK plc.
Delivering ‘great’ regulation requires great people, but Regulators are often competing against higher compensation, more varied career progression and a perception of more dynamic and exciting cultures offered by those they regulate.
Attracting and retaining the best people poses a significant and ongoing challenge at all levels, but particularly in middle management, where financial pressures and the desire for rapid career progression are most acute.
Regulators are well-aware of these challenges and work hard to address them. This is against a backdrop of voices across industry, particularly financial services, lamenting the lack of regulatory talent and often assuming the issue is how Regulators can hire better people from the private sector. But are they asking the wrong question?
