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FCA names new members on decisions committee
The board of the FCA has added two new members to its Regulatory Decisions Committee (RDC).
Karen Johnston and Nick Lord are the newest members of the committee and follow on from the appointments of Stuart McIntosh, Philip Marsden, Robin Mason and Malcolm Nicholson last year.
The RDC takes certain regulatory decisions on behalf of the FCA relating to enforcement and supervisory actions as well as firm authorisation and individual approval applications.
The membership of the committee is drawn from across the spectrum of business, consumer and industry experience.
Tim Parkes, chair of the RDC, said it was delighted to welcome its newest members to the committee.
“Karen and Nick bring a wealth of consumer-focused knowledge and experience in the consumer credit and other sectors, which will complement existing committee members.
“Stuart, Philip, Robin and Malcolm joined the RDC during 2016.
“All four are members of other FCA and PSR decision-making committees and contribute a wide range of legal and academic expertise, as well as experience of collective decision making, which will enhance overall the capability and effectiveness of the RDC.”
The news comes after the regulator published its business plan for 2017/18, where it revealed which areas it would be prioritising for the year ahead.
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