Conduct Committee
Role of the Conduct Committee
The Conduct Committee (the ‘Committee’) is responsible for the oversight the FRC’s enquiries, investigations and enforcement function, ensuring that appropriate cases are investigated and conducted fairly, in the public interest, in a timely manner and in accordance with due process and the Regulators code.
The Conduct Committee comprises FRC Board members and others with a range of skills, experience and relevant technical expertise. Membership of the Committee excludes current practising auditors as well as employees or officers of the professional bodies regulated by the FRC.
| Name | Terms of Reference |
|---|---|
| Publication date | 3 June 2024 |
| Notes | The responsibilities of the Conduct Committee are set out in the Committee's Terms of Reference. |
| Format | PDF, 183.8 KB |
| Name | General Committee Terms |
| Publication date | 3 June 2024 |
| Notes | The Conduct Committee also adheres to the General Committee Terms. |
| Format | PDF, 145.5 KB |
Committee Members
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David Willis
Chair
Appointed as Chair 1 April 2022
David is a solicitor by profession and was a partner in international law firm Herbert Smith Freehills (and predecessor firm Herbert Smith) for many years. He was Managing Partner of Herbert Smith from 2008-2012 and Joint CEO of Herbert Smith Freehills from 2012-2014. He is currently Chair of Paradigm Trust, a multi-academy trust, and Vice Chair of United Response, a charity supporting adults with learning disabilities, where he chairs the Finance and Resources Committee. He was previously a member of the governing body of Queen Mary University of London, where he chaired the Audit and Risk Committee and a member of the board of the Solicitors Regulation Authority, where he chaired the Finance and Audit Committee and was a member of the Law Society Group Audit Committee.
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Angela Cha
Deputy Chair
Appointed 1 April 2022
Angela is a non-executive director on the Board of the Saffron Building Society.
During her executive career Angela was a solicitor and a partner of Pinsent Masons where she was Joint Head of the Financial Services Sector Practice and specialised in advising FS sector clients on business change and transformation projects.
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Richard Lawrence
Senior Advisor
1 January 2025
Richard is a fellow of the Institute of Chartered Accountants in England and Wales, having qualified with PricewaterhouseCoopers. He is currently the Head of Accounting & Valuation Policy at NatWest Group plc (NWG), a role he has held since 2017.
He has held a number of senior finance roles within NWG, and before that ABN AMRO NV, going back to 2003. Richard sits on a number of industry-focused committees at UK Finance and the ICAEW.
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Simon O'Regan
Member
1 April 2025
Simon has over 40 years’ experience in the insurance, pensions and asset management industries. He is a UK Chartered Actuary and has lived and worked in six countries around the world including as CEO of Mercer in Australia, in the UK, in Europe and in the USA/ Canada. Simon is Chair of the board of Impax Asset Management Group plc, and was formerly a non-executive director of Alexander Forbes Group Holdings Ltd. Simon was a member of the UK’s Nuclear Liabilities Financing Assurance Board and also served as a non-executive member of the Foreign, Commonwealth and Development Office’s Audit and Risk Assurance Committee.
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Charlie Parker
Member
1 April 2025
Charlie Parker was previously Chief Executive and Head of the Public Service for the Government of Jersey. Prior to working in Jersey, he was Chief Executive of Westminster City Council and Chief Executive of Oldham Metropolitan Borough Council. During his various roles as a Chief Executive, Charlie oversaw the significant transformation and modernisation of a large number of public services often resulting in reduced costs and improved performance. He serves as a non-executive director on the board of NewRiver REIT plc and as a member of the Challenge Board overseeing the Buckingham Palace Reservicing Project. Charlie is also a Director and Trustee at Griffin Investors Ltd.
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David Snell
Senior Advisor
David was an Audit and Assurance partner in the London office of PwC until December 2018.
He led PwC’s Law Firm Advisory Group, specialising in providing audit, consulting and transaction support services to the legal sector both in the UK and internationally.
In addition he was an audit and transaction support partner working with Listed companies in the UK both on the Main Market and AIM.
David developed a keen interest in Governance through his PwC career, having written many articles and reports on the subject (including a PwC report on Corporate Governance). He has presented on the subject on numerous occasions including chairing panels at the LSE on the importance of good governance.
Since leaving PwC, he has undertaken various consulting projects through his own company as well as joining the Board of Simmons & Simmons LLP in November 2019, chairing their Audit and Risk Management Committees.
David has worked in London for the whole of his professional career and has been instrumental in a number of initiatives over the years designed to promote London’s role as a major global city.
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Anne Whitaker
Senior Advisor
Anne Whitaker is a former EY Audit partner with a portfolio of non-Executive and charity roles, including independent NED and Audit Committee Chair at Markel International Insurance Company Ltd and Chair of the Risk and Audit Committee at Hitachi Capital (UK) plc. As the former Head of Audit and Risk Partner for EY’s UK Financial Services Practice, Anne specialised in asset management audits, including funds and investment trusts as well as other financial services. Some of Anne’s previous non-Executive roles include NED and Audit Committee Chair at Barts Health NHS Trust and Chair of the Audit and Risk Assessment Committee of the Independent Parliamentary Standards Authority (IPSA). She has also previously volunteered as an advisor for MicroVentures (a microfinance charity operating in Malawi).
Anne was previously Chair of the Audit Quality Review Committee and was a member of the Conduct and Supervision Committees from September 2019 to March 2022.