Clive Briault became Managing Director of Retail Markets at the Financial Services Authority in April 2004. He has overall responsibility for the FSA's extensive retail agenda, including its work on raising financial capability among consumers, and regulation of firms or groups whose business is predominantly at the retail end of the market. This includes insurers, high street banks, building societies and mortgage lenders and retail intermediaries.
Clive joined the FSA at its inception in 1998 as Director of Central Policy. In 2001 he became Director of Prudential Standards Division, setting out prudential policy for all regulated firms. An economist by background, prior to joining the FSA he spent 18 years at the Bank of England in a variety of regulatory and monetary policy roles. .