Find out how our management structure operates to ensure markets work well so that customers get a fair deal.
The Executive Committee (ExCo) and the Executive Regulation and Policy Committee (ERPC) are the two highest ranking executive decision-making bodies of the FCA. ExCo oversees the general strategy, direction and activities of the FCA, including delivery of the annual Business Plan. It is responsible for monitoring the direction and performance of the organisation within the strategic framework set by the Board.
Marni Smith (Adviser)
Executive Regulation and Policy Committee
The Executive Regulation and Policy Committee (ERPC) and the Executive Committee (ExCo) are the two highest ranking executive decision-making bodies of the FCA. ERPC is responsible for executive decision making on policy decisions and regulatory issues. Its membership is the same as ExCo plus the Director of Policy.
Executive Operations Committee
The Executive Operations Committee (EOC) is chaired by Nausicaa Delfas. It is responsible for monitoring the FCA’s economic and efficient use of resources, internal risk management, people strategy and culture and operating platform and resilience. EOC reports directly to ExCo.
Executive Diversity Committee
The Executive Diversity Committee (EDC) is chaired by Nausicaa Delfas. EDC leads the FCA’s internal and external diversity and inclusion agenda in support of making the FCA an employer of choice and a more effective regulator. The EDC’s role includes providing direction and taking decisions on diversity-related matters affecting the FCA and championing diversity within the FCA.