Enforcement Decisions Committee

The Enforcement Decisions Committee is a new committee which is being established in order to provide a clear line of demarcation between authorisation, supervision and enforcement within the financial services industry. This committee shall be composed of competent individuals from outside the Authority who are experienced in financial services and/or legal affairs and who shall act independently from the Executive Committee. Acting separately from the Enforcement Decisions Committee is the Enforcement Directorate, strengthening enforcement within the Authority. This Directorate is being created at C-level so that it will be tasked with enforcement decisions, investigations and making recommendations for the Enforcement Decisions Committee’s consideration.