FCA Board appoints new members to the Regulatory Decisions Committee

Press Releases First published: Last updated: 25/04/2017

The Board of the Financial Conduct Authority (FCA) has appointed an additional six members to the FCA’s Regulatory Decisions Committee (RDC).

The newest members appointed to the RDC are Karen Johnston and Nick Lord. They join Stuart McIntosh, Philip Marsden, Robin Mason and Malcolm Nicholson who were appointed last year.

The RDC is responsible for taking certain regulatory decisions on behalf of the FCA relating to enforcement and supervisory actions, and firm authorisation and individual approval applications. Membership is drawn from across a spectrum of business, consumer and industry experience. 

Tim Parkes, the Chair of the RDC, said:

“I am delighted to welcome our 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.”

Notes to editors

  1. More detail about the work of the RDC is available on the FCA website, including the biographies of all committee members.
  2. The RDC is an FCA Board Committee that is operationally separate from the rest of the FCA. The FCA Board appoints the RDC Chair and members, who are drawn from across a spectrum of business, consumer and industry backgrounds.
  3. On 1 April 2013, the FCA became responsible for the conduct supervision of all regulated financial firms and the prudential supervision of those not supervised by the Prudential Regulation Authority (PRA).
  4. The FCA has an overarching strategic objective of ensuring the relevant markets function well. To support this it has three operational objectives: to secure an appropriate degree of protection for consumers; to protect and enhance the integrity of the UK financial system; and to promote effective competition in the interests of consumers.
  5. Find out more information about the FCA.