Protesters to meet City watchdog
Economic justice campaigners are to meet with the head of the financial services' regulator on Wednesday.
Representatives from Occupy London said they will meet with Hector Sants, CEO of the Financial Services Authority (FSA), to discuss concerns over the industry and its regulation.
The one-hour meeting will be held at St Ethelburga's Tent at the Centre for Reconciliation and Peace in the City of London, and has been arranged by St Paul's Institute with Occupy London's Multifaith, Belief & None working group. Its exact time has not been released, but it will be in the afternoon.
The meeting will be attended by the Bishop of London and Ken Costa, former vice-chairman of UBS Investment Bank and chairman of Lazard International, as well as 10 occupiers.
According to Occupy London, the focus will be to discuss what regulatory changes the FSA envisages, practical considerations regulators have to contend with and the time frames the FSA is proposing.
Representatives will be addressing concerns including how to work towards a future system that is democratic, fair, open, accountable and transparent and discussing the need for regulators to be independent.
Campaigners have been camped in the courtyard of St Paul's Cathedral since October 15. The group also occupies Finsbury Square in Islington, north London, as well as an abandoned UBS-owned office block in Hackney, east London, which it has called a "Bank of Ideas".
Supporter James Hargreaves said: "It is great that Hector Sants has shown willingness to engage with Occupy London, as well as Ken Costa and the Bishop of London, at this precarious time for the financial system."
An FSA spokesman said: "We can confirm Hector has offered to meet representatives of occupy London do discuss a range of issues, recognising the importance of the financial services industry engaging more with the general public.
"The meeting will be the first in a programme of events, organised by the Church called London Connect, designed to open up a dialogue between the city and public."