Senior Decision Maker appointments

The Commission maintains a panel of ‘Senior Decision Makers’ who determine the outcome of the Commission’s major enforcement cases.

A Senior Decision Maker, sitting alone, hears those cases involving findings of serious regulatory shortcomings against a licensee and / or individual directors and where those findings are contested. As part of the process[1], Senior Decision Makers are also required to determine the penalties that are to be imposed which will include the level of any financial penalty to be imposed, any period of prohibition from practising in the industry and the contents of any public statement that is issued by the Commission.

Within the past week, the Commission has made three new appointments to its panel[2] which include: -

• Mr Nicholas Davidson KC;
• Ms Saima Hanif KC; and
• Mr Alex Potts KC.

Chairman of the Commission, Julian Winser said: “These latest appointments were made following an extensive and open recruitment process. We were delighted with the considerable interest we received and with the very high calibre of all of the candidates who applied to be included on the panel.”