Bank of England appoints two members to enforcement committee
Carlos Conceicao and Alexander Justham join the Bank of England's Enforcement Decision Making Committee, which rules on contested enforcement cases.
The story in focus
The Bank of England appointed Carlos Conceicao and Alexander Justham to its Enforcement Decision Making Committee with effect from September 2026, following an external recruitment process. The committee decides contested enforcement cases across the Bank's regulatory regimes.
- The Bank of England announced the EDMC appointments in a news release published on 2 October 2026.
- Carlos Conceicao was a partner at Clifford Chance from 2007 to 2025, leading its global regulatory disputes and investigations practice.
- Alexander Justham has over 35 years of financial services experience, including roles as CEO of the London Stock Exchange and Director of Markets at the Financial Services Authority.
What the committee does
The Enforcement Decision Making Committee is the Bank of England's decision-making body for contested enforcement cases in the statutory regimes the Bank operates. These cover prudential regulation, financial market infrastructures, resolution, securitisation, wholesale cash distribution, critical third parties and notes issuance.
Most disciplinary enforcement outcomes are agreed between the Bank and the relevant firm or individual. When a case is contested, the EDMC Chair convenes a panel of three or more members to consider evidence, hear representations and decide. Members serve five-year terms and may be reappointed once, for a maximum of two terms.
The new members
Carlos Conceicao is a qualified solicitor and barrister. He was a partner at Clifford Chance from 2007 to 2025, leading its global regulatory disputes and investigations practice, and has also worked at the Financial Services Authority and as a criminal barrister. In January 2026 he was appointed a panel member of the Bar Tribunal and Adjudication Service.
Alexander Justham has more than 35 years of experience across the private and public sectors, including as CEO of the London Stock Exchange and 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 and the FCA's Practitioner Panel.
When do the new EDMC appointments take effect?
The Bank of England said both appointments took effect from September 2026, following an external recruitment process. The announcement was published on 2 October 2026.
Sources & further reading
- Appointment of members of the Enforcement Decision Making Committee (EDMC) ↗bankofengland.co.uk
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