Megan Butler

Megan Butler is the Director of Supervision – Investment, Wholesale and Specialist, and a member of the Executive Committee at the FCA.

Megan was appointed in June 2016 and had previously been in the role on secondment from the Prudential Regulation Authority (PRA).

Megan joined the Bank of England in 2013 as Executive Director of International Banks Directorate after moving from our predecessor organisation, the Financial Services Authority (FSA). Megan has been a supervisor since 2008, when she became Head of the Department responsible for the supervision of the UK operations of the major investment banks. Prior to moving to supervision, Megan was Head of Enforcement Law and Policy at the FSA, and for a number of years chaired the International Organization of Securities Commissions (IOSCO) Standing Committee 4 which is concerned with international enforcement cooperation.

Before moving to the Enforcement Division, Megan was Chief Counsel for Markets, heading the legal team responsible for advising on legal issues relating to Official Listing, the regulation of exchanges and clearing houses, market conduct and the supervision of wholesale firms.

Megan joined the Financial Services Authority in 2000. Before this, she spent several years at the London Stock Exchange in a variety of legal and non-legal roles, including Head of Capital Markets. Megan is a Barrister, called to the bar in 1987.