The Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) Boards have appointed new members to four decision-making committees: the FCA’s Regulatory Decisions Committee (RDC) and Competition Decisions Committee and the PSR’s Enforcement Decisions Committee (EDC) and Competition Decisions Committee.
These four committees are responsible for taking certain regulatory decisions on behalf of the FCA and PSR. They are set up by the FCA and PSR, with members drawn from across a spectrum of business, consumer and industry experience. In future changes, Andrew Long and David Ashton, two of the longest serving members of the RDC, will leave the committee when they have completed their respective terms of office. Andrew Long was Chair (formerly Acting Chair) of the RDC between 2012-2014. David Ashton has been an Acting Deputy Chair since January 2015.
John Griffith-Jones, chairman of the FCA and PSR, commented: “These committees play an extremely important role and I am delighted we have been able to attract members of such experience and quality. Their expertise will be central to helping both FCA and PSR achieve their respective objectives and raising standards. I would also like to thank Andrew and David for the invaluable contribution they have given to the RDC over recent years.”
The new appointments:
Chair
• Tim Parkes will become Chair of the RDC and EDC in January 2016.
Deputy Chair
• Elizabeth France has been appointed as a Deputy Chair of the RDC and EDC.
• John Hull will become a Deputy Chair of the RDC in January 2016.
Committee Members
• Kevin Brown has been appointed as a member of the RDC and EDC.
• Chris Cummings has been appointed as a member of the RDC and EDC.
• Jonathan Haskel has been appointed as a member of the EDC and the FCA and PSR CDCs.
• Stuart McIntosh has been appointed as a member of the EDC and the FCA and PSR CDCs.
• Professor Robin Mason has been appointed as a member of the EDC and the FCA and PSR CDCs.
• Malcolm Nicholson has been appointed as a member of the EDC and the FCA and PSR CDCs.
• Caroline Ramsay has been appointed as a member of the RDC and EDC.
