Promontory Financial Group has hired a former Financial Services Authority market abuse specialist to advise clients on internal regulatory capabilities, as the private sector continues to prove attractive for senior staff at the UK regulator.

Ruth Gevers has joined regulatory consultancy Promontory to advise clients on internal regulatory capabilities, including anti-market abuse systems and the monitoring of market rumours. She will report to Michael Foot, non-director chairman and a former managing director at the UK regulator.