The Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) Boards have appointed new members to its three decision-making committees: the FCA’s Competition Decisions Committee (CDC) and the PSR’s Competition Decisions Committee and Enforcement Decisions Committee (EDC). These three committees are responsible for taking certain competition law and regulatory decisions when a settlement cannot be reached.
Lesley Ainsworth, Simon Polito, David Thomas and Tim Tutton have been appointed as members of the PSR’s EDC and the FCA and PSR’s CDCs. Alasdair Smith has been appointed a panel member of the FCA’s CDC.
Charles Randell, Chairman of the FCA and PSR, commented: “The candidates all have considerable competition and regulatory experience in a variety of sectors, and will enable these decision-making committees of the FCA and PSR to maintain high standards in their important work.”