Paul Richards

Head of Regulatory Policy at International Capital Market Association (ICMA)

Paul Richards is a prominent figure in the international capital markets, currently serving as the Head of Regulatory Policy at the International Capital Market Association (ICMA). He has held this position since 2005 and has over 30 years of experience in financial markets, including a significant tenure at the Bank of England prior to joining ICMA.1 4

Career Highlights

Tenure at ICMA: Richards has been instrumental in addressing critical issues such as the implications of the global financial crisis, Brexit, and the transition from LIBOR in the bond market. He chairs the RFR Bond Market Sub-Group, working closely with the Financial Conduct Authority (FCA) and the Bank of England.1
Upcoming Transition: As of June 2024, Richards will step down from his role as Head of Regulatory Policy but will continue to contribute to ICMA as a Senior Advisor until the end of that year.1 2

Professional Background

Experience: With over 50 years in international capital markets and engagement with the official sector, Richards has made substantial contributions to both ICMA and broader financial services.1 3
Leadership Role: He is also a member of the ICMA Executive Committee, reflecting his influence within the organization.5

Richards' extensive experience and leadership have positioned him as a key player in shaping regulatory policies that impact global capital markets.