Former adviser body director general joins FCA committee

Cummings (pictured), who stood down as director of the Association of Independent Financial Advisers after seven years in June 2010, will also sit on the Payment Systems Regulator's (PSR) Enforcement Decisions Committee (EDC). His appointment was part of a reshuffle of members at the FCA's Regulatory Decisions Committee, Competition Decisions Committee (CDC) and the PSR's Enforcement Decisions Committee (EDC) and CDC. Set up by the FCA and PSR, the four committees are responsible for taking certain regulatory decisions on behalf of the two bodies. Their members are typically drawn ...