FSA Appoints New Consumer Panel Members

by Robin Pilgrim, LawAndTax-News.com, London

05 September 2006

The UK's Financial Services Authority last week announced the appointment of five new members to the Financial Services Consumer Panel.

The appointments of Kay Blair, Stephen Crampton and Lindsey Rogerson took effect from September 1, while Michael Chapman and Jenny Hamilton will join the Panel on January 1, 2007.

The new members fill existing vacancies and replace three members of the Panel who will be standing down over the next few months: Robert Skinner, who leaves in September when he becomes Chief Executive of the Banking Code Standards Board; and Harriet Hall and Paul Salvidge who leave in November and December respectively, on completion of six years' service.

FSA Chairman, Callum McCarthy said:

"I am delighted that Kay, Stephen and Lindsey are joining the Panel and look forward to welcoming Michael and Jenny in January. They and the existing members will ensure that the Panel continues to provide a strong, independent consumer voice to the FSA.

"I would also like to thank Robert, Harriet and Paul for their dedication and commitment to the Panel during their time as members."

The Financial Services and Markets Act requires the FSA to establish a panel of persons to represent consumers as part of the arrangements it must make for consulting consumers on its general policies and practices. The Financial Services Consumer Panel was established by the FSA in December 1998.

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