David Eacott – Head, Banking Supervision


David Eacott is Head of Banking Supervision, responsible for the oversight of credit and financial institutions operating in and from Malta.

David joined the MFSA in February 2020 after 22 years at the Bank of England including the UK’s Financial Services Authority. David was most recently responsible for the successful implementation of the UK’s ring fencing regime.

During that time, he also helped the Resolution function with its implementation of the UK’s Resolvability Assessment Framework and led the Bank of England’s effort to improve the quality of internal audit functions within financial firms.

During his supervisory career, David ran a number of teams responsible for oversight of large and medium sized banks, building societies and asset management firms. He was also a UK policy expert on the CRD and worked at the UK’s Permanent Representation in Brussels during the last UK EU Presidency negotiating its final legislative stages.

David studied Modern European Studies at Loughborough University prior to joining the Bank of England.