The Financial Conduct Authority's Regulatory Decisions Committee has taken on another three high-powered members.

The Financial Conduct Authority's Regulatory Decisions Committee, which decides whether to grant or block contested applications to join the regulated community and issue warning and decision notices for certain enforcement cases on behalf of the FCA, has taken on another three high-powered members: an independent financial advisor, an accountant and a policewoman. The panel (whose existence is not a requirement of the Financial Services and Markets Act 2000) was set up at the inception of the old Financial Services Authority in 2000/1 and is 14-strong.

The new members are Pauline Wallace, a former senior partner at PwC with a regulatory brief and considerable expertise in financial instruments; former IFA company executive Peter Craddock, late of Perspective Financial Group, who is also a director of the Association of Professional Financial Advisers or APFA; and Dame Elizabeth Neville, a policewoman for 30 years who rose to become the chief constable of Wiltshire. She has since been a non-executive director at the Serious Fraud Office and now does some work for the Pensions Regulator and the Insolvency Service.