Vaughan has over 30 years’ experience in financial services regulation. He began his career in 1989 in Supervision at the FSA and its predecessors (TSA & SFA). His initial role at SFA involved managing a team responsible for supervising private client stockbrokers, overseeing compliance with prudential, CASS, suitability and other key regulations. He then formed and managed a team designed to enhance the regulator’s knowledge of the world’s largest investment banks and led a number of wholesale conduct reviews. On leaving FSA in 2000, he served as Deputy Head of Compliance at the investment banking arms of Credit Suisse and, subsequently, UBS where he oversaw the banks’ relationships with FSA and managed a number of high profile regulatory investigations. He moved from Compliance to work directly for UBS' EMEA Group CEO, overseeing regulatory and reputational risk across the region and enhancing regional governance arrangements. He set-up his own regulatory consulting business in 2012, advising clients on a broad range of regulatory and governance issues before forming Medius in 2013.