Bank of England appoints two EDMC members from September 2026

• Carlos Conceicao and Alexander Justham join the EDMC.
• The appointments follow an external recruitment process.
• EDMC panels hear contested enforcement cases.

Action

The Bank of England has appointed Carlos Conceicao and Alexander Justham as members of its Enforcement Decision Making Committee. The appointments take effect from September 2026 and followed an external recruitment process.

Bank of England appoints two EDMC members from September 2026

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

Members

Carlos Conceicao is a qualified solicitor and barrister. He was a partner at Clifford Chance LLP from 2007 to 2025, where he led 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 has more than 35 years of experience across the private and public sectors. His roles have included chief executive officer of the London Stock Exchange, Director of Markets at the Financial Services Authority, and most recently chief operating officer of UBS Wealth Management UK & Jersey. He has also 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.

Committee

The Bank said most disciplinary enforcement cases are agreed between it and the relevant firm or individual. When a firm or individual contests a case, the EDMC Chair convenes a panel of three or more members to consider the evidence, hear representations and make the decision.

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