Expired contract

Senior Associate - Retail Banking Supervision

Details

Supplier(s)
BDO LLP (London)
Value
£83,916
Duration
6 months
Topic
Financial market regulatory services
Published
2 February 2026

Tender description

RB requires a Fixed Term Contract/external consultant to support the SanUK/NI Banks Supervision team in overseeing Santander UK's proposed acquisition of TSB and supporting our inputs into the PRA's assessment of change in control (CiC) process under Part XII of FSMA. The Consultant will provide critical support across project management, regulatory coordination, and governance reporting. Key responsibilities include managing timelines aligned with PRA and firm plans, maintaining FCA-compliant records, reviewing CiC applications, and preparing internal briefings for senior decision-makers. The role also involves stakeholder engagement with PRA, FCA Legal, Authorisations, and operational teams. This resource is essential to ensure effective supervision, regulatory compliance, and timely execution of the CiC process, while maintaining high standards of governance and operational efficiency.

Timeline

  1. Completed: Award published2 February 2026
    Current notice
  2. Completed: Award date16 February 2026
  3. Completed: Contract expiry date14 August 2026

About the buyer

The Financial Conduct Authority regulates the UK's financial services industry, and buys as a central government body with its own procurement function. Larger contracts fall under the Public Contract Regulations 2015 once they pass a set threshold. Both pan-government and FCA-tendered framework agreements offer alternative routes to market. An ethical procurement standard applies to purchases wherever possible.

Over the past 5 years, most of the Financial Conduct Authority's contract awards have been in IT services, business services and software and information systems.

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