Appointment of members of the Enforcement Decision Making Committee (EDMC)

News release

Following an external recruitment process, the Bank of England (the Bank) has appointed Carlos Conceicao and Alexander Justham as members of its Enforcement Decision Making Committee, with effect from September 2026.

The EDMC is the Bank’s decision-making body for contested enforcement cases in the statutory regimes the Bank operates in relation to prudential regulation, financial market infrastructures, resolution, securitisation, wholesale cash distribution, critical third parties and notes issuance.

David Roberts, the Chair of the Court of the Bank of England, said:

“I am delighted to welcome Carlos Conceicao and Alexander Justham to the Enforcement Decision Making Committee. Carlos will bring significant experience of the regulatory and enforcement processes from both a legal and regulatory background. Alexander will provide the EDMC with the practitioner experience and perspective that is so important to understanding complex cases. Together these appointments will ensure the EDMC continues to have the skills and experience to make judgments on contested enforcement cases.”

About the new members

Carlos Conceicao is a qualified solicitor and barrister. From 2007 to 2025, he was a partner at Clifford Chance LLP, leading its global regulatory disputes and investigations practice. He has also worked at the Financial Services Authority as a lawyer in public service and as a criminal barrister. In January 2026 he was appointed as a panel member of the Bar Tribunal and Adjudication Service.

Alexander Justham is a financial services professional with over 35 years of experience across both the private and public sectors. Roles have included CEO of the London Stock Exchange, Director of Markets at the Financial Services Authority, and most recently as COO of UBS Wealth Management UK & Jersey. He has been a board member of the European Securities and Markets Authority, the FCA’s Practitioner Panel and co-chaired the G-20 Iosco Task Force on Commodities. His early career was at J.P. Morgan where he worked in investment banking and fixed income.

About the EDMC

The outcomes of most disciplinary enforcement cases are agreed between the Bank and the relevant firm or individual. However, if a firm or individual decides to contest a case brought by the Bank, the EDMC Chair will convene an EDMC panel of three or more members to consider the evidence, hear any representations and make the decision. Full details on the EDMC are set out in the EDMC Procedures.

EDMC members are appointed for a five-year term and they may be reappointed for a second term. Members can serve a maximum of two terms.

Notes to editors

The Bank’s Approach to Enforcement - The Bank of England’s approach to enforcement: statements of policy and procedure