Contract award · 7 Jan 2026

Senior Associate - Retail Banking Supervision

FCA awarded “Senior Associate - Retail Banking Supervision” to Bdo LLP for £83,916 on 7 Jan 2026.

Financial & insurance servicesLondon

BuyerFCA
Value £83,916
WinnerBdo LLP

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
FCA · Body governed by public law
Supplier
Bdo LLP
Value
£83,916
Procedure
Call-off from a framework agreement
Sector
Financial & insurance services · Financial market regulatory services (CPV 66152000)
Region
London
Timeline
  1. Contract date7 Jan 2026
  2. Published2 Feb 2026Published 26 days after the contract date

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.

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