HM Treasury has published its response to the House of Commons Treasury Committee's February 2016 report on the scrutiny of appointments. The process for appointments to the role of FCA Chief Executive attracted considerable attention during the debates on the passage through the House of Commons of the Bank of England and Financial Services Bill both from members of the committee and from other MPs. In response, the government has introduced an amendment to the process for appointing the FCA Chief Executive, which ensures that the committee will always have time to hold a hearing with an appointee to the post of FCA Chief Executive before they start work, and legislation governing the appointment will be altered to make the appointee subject to a fixed, renewable, five-year term.