skip to main content
FRC logo Financial Reporting Council
About the FRC FRC Structure Enforcement Committee Panel

Enforcement Committee Panel

Contents

Role of the Enforcement Committee Panel

The Chair of the Enforcement Committee Panel shall appoint members to an Enforcement Committee.

An Enforcement Committee is required to undertake functions under Parts 4 and 6 of the Audit Enforcement Procedure in relation to a particular allegation or to undertake functions under Part 3 of the Auditor Regulatory Sanctions Procedure or Part 3 of the Crown Dependencies Recognised Auditor Regulatory Sanctions Procedure in relation to an alleged failure to comply with the Regulatory Framework.

Back to top

Committee Panel Members

Richard Jones

Chair

Richard Jones is a practising barrister, dealing with a wide range of disputes, especially in the field of financial services. He took silk in 1996, and sits as a recorder in the Crown Court and County Court. For a number of years he was a legal chair of FRC disciplinary tribunals. He is a consultant with Benest Corbett Renouf in Jersey.

Anna Simons

Member

Anna Simons is UK Head of Conduct Risk at UBS London where she is also the bank's subject matter expert on managing conflicts of interest.  Prior to joining UBS in 2014, she worked for the Financial Conduct Authority in a variety of regulatory roles spanning policy, risk and banking supervision.  As Head of Capital Markets at the FCA, she led the work on regulatory reform of LIBOR.   Her time in regulation followed a twenty year career in banking at SMBC and at BNP Paribas where she headed up the UK Corporate Banking Department.  She studied at the London School of Economics and immediately after graduation worked as an economist in the Department for International Development.  From 2014-16 she sat as a member of the Investigating Committee of the General Dental Council to consider allegations of impaired fitness to practice against dental professionals.

Jetinder Shergill

Member

Jetinder trained as a barrister in a large criminal chamber and the Home Office (prisons law including prisons healthcare); and practised as a Lawyer at the Scottish Government advising on miscarriages of justice, Scots/UK criminal and prisons law mainly. His former roles include: Adjudicator, Financial Ombudsman Service; Part-time visiting lecturer, public law, Kings College London; Adjudicator, Solicitors Regulation Authority (2008-2013); FTP Panel Chair, Nursing & Midwifery Council (2012-2016). Currently his roles are: Judge of the First-tier Tribunal (Immigration and Asylum Chamber); Independent Disciplinary Assessor, Association of Chartered and Certified Accountants; Legally Qualified Chair, MPTS/GMC. Professional Memberships held: Member, Institute of Leadership and Management; Member, Association of Regulatory and Disciplinary Lawyers; Associate Full Member, Institute of Directors.

Barbara Hadfield

Member

Barbara Hadfield has served as chairperson of the Complaints and Adherence Committee of the European Payments Council (EPC) for several years and was formerly a member of that Committee. The Committee is involved in the regulation of the interbank settlement scheme across Europe. She was a partner in EY for approximately twenty five years working in the field of corporate finance and audit which included running audit quality review teams and being subject to audit quality reviews. She has significant experience with international corporates and corporate governance and was a compliance partner in the firm. She also performed a firm wide advisory role on technical accounting issues and Stock Exchange listing requirements, acting as an expert witness when required.

Graham McGregor

Member

Graham McGregor is a former partner with PricewaterhouseCoopers LLP and its predecessor firms, where he worked for 38 years in Scotland, London and Canada, 28 of them as an audit partner. Graham held several senior positions within PricewaterhouseCoopers and was senior audit partner with responsibility for a number of large listed companies and several assurance businesses within the firm. He retired from PricewaterhouseCoopers in June 2016. Graham has been chair of the Institute of Chartered Accountants of Scotland's (ICAS) Audit and Assurance Committee and a member of the ICAS's Technical Committee. He is a Chartered Accountant, a member of both the ICAS and the Institute of Chartered Accountants of Canada. He has a degree in Accountancy from the University of Glasgow.

Back to top

Terms of Reference

The responsibilities of the Enforcement Committee Panel are set out in the Panel's Terms of Reference.

Back to top