The UK Financial Services Authority’s (FSA) head of risk, Sally Dewar, has announced this week that she will be stepping down from her role at the regulator at the beginning of next year. Dewar, who has been instrumental in the FSA’s recent hard line approach to the market (see some of her recent work on the Single Customer View reforms here), was tipped to be Hector Sants’ successor as chief executive of the regulator, following his announcement that he would be stepping down earlier this year (see here).

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