London, 08 October: Cosegic, the Compliance Partner to the world’s most competitive organisations, has appointed Nicholas Webb, former regulatory leader at the Financial Conduct Authority (FCA), as Managing Director to head its Digital Finance team.
Nicholas is a senior leader and public policy maker, with over a decade of experience crafting UK’s payments and digital finance regulatory landscape. A recognised authority on payments and e-money, he has influenced the UK and EU rulebooks for PSD2, Open Banking and Strong Customer Authentication from policy design to industry implementation and regulatory supervision.
At the FCA, Nicholas helped establish the payments supervision function in 2017, shaping the FCA’s supervisory strategy for the UK’s world class FinTech eco-system. As well as leading the FCA’s approach to the e-money sector, he headed up oversight of the UK’s largest and best-known FinTechs in payments and digital assets. Nicholas has extensive experience directing FCA interventions, driving major remediation and transformation programmes across the industry. He has also advised regulators worldwide, from Singapore and Hong Kong to Canada and Ireland, on designing and executing their digital finance regulatory and supervisory regimes.
His senior FCA roles included Interim Head of Department for Market Interventions Payments, where he managed 50 staff and the regulatory strategy for 1,250 high-risk firms. He also co-led an inter-agency project with the UK’s National Crime Agency, transforming how the FCA works with partners to tackle high-end money laundering by organised crime groups. Earlier in his career, Nicholas led Nationwide Building Society’s Payments & Savings Compliance Advice function, supporting the business to successfully implement PSD2, Open Banking and digital transformation programmes.
Nicholas Webb said:
“Digital finance continues to evolve at speed, driving innovation and growth across financial services. As regulators strengthen their oversight of the sector, firms need clarity and pragmatic insights to keep pace with regulation while pursuing innovation in an increasingly competitive field. Cosegic’s forward looking approach resonated with me. I look forward to leading the Digital Finance team and helping clients turn regulatory demands into a strategic advantage to achieve their commercial ambitions.”
Ben Cook, Group CEO of Cosegic:
“Nicholas brings a rare combination of deep regulatory expertise, leadership experience and industry perspective. When we talk about Rule the Rules, this is what we mean: bringing the best talent to help our clients win. I’m absolutely delighted to have Nicholas join our team.”
Nicholas’s appointment reinforces Cosegic’s role as the compliance partner of choice for organisations navigating complex, fast moving regulatory landscapes.
About Cosegic
Cosegic is the Compliance Partner to the world’s most competitive organisations, helping to engineer the culture, controls, and confidence that go beyond compliance to performance. By combining cutting-edge technology with proactive advice across multiple jurisdictions, we enable our clients to enhance both their brand reputation and operational resilience.
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