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FCA appoint ex-Barclays director to decisions committee

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The Financial Conduct Authority has appointed three new members to the regulatory decisions committee, including a former Barclays director and a JP Morgan investment banker.

The 11 member RDC is responsible for issuing warning and decision notices for certain enforcement cases as well as deciding whether to refuse or allow contested applications to become regulated.

The regulator has also appointed ex-Pinsent Masons partner and deputy district judge Andrew Long as chair after he was made acting chair in February 2012.

The three new appointments to the RDC are:

John Callender, a former Commercial Director at Barclays Bank Plc UK Banking, he has various NED positions including as the Non-Executive Chair of ANZ Bank Europe Ltd.

Richard Berliand, an investment banker at J.P.Morgan until he retired from this position in 2011. He holds a number of Non-Executive Director roles including membership of the Supervisory Boards of Deutsche Börse AG & Eurex Frankfurt AG. He is a member of the CFTC Global Markets Advisory Committee.

Iraj Amiri, a former Senior Partner at Deloitte, who has auditing experience spanning financial, retail and public sectors. During his time at Deloitte, he was seconded to Schroders Plc as Global Head of Internal Audit for more than ten years.

The FCA board has also now approved expanding the RDC to 14 members, leaving another three to be recruited.

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  1. No conflict of interest there then as I see that the continual revolving door at the financial services regulator continues.

    Why is it that these appointments are from bank and accountancy firm employees – does this mean that they’ll do a couple years in the role and then go back to the high paid previous positions.

    Nothing changes

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