New chair for Code Committee

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The Code Committee for Authorised Financial Advisers (AFAs) has elected a new chairman.

Thursday, August 9th 2012, 4:29PM

David Ireland, who is a partner at Kensington Swan and a member of the Code Committee since it was established in 2009, is the new chairman.

Ireland will lead the committee as it keeps under review current regulatory and legislative developments and assesses potential impacts on the Code of Professional Conduct for AFAs.

Outgoing chairman Ross Butler has been praised for his pragmatic and professional approach in leading the committee for three years.

"Ross's commitment and energy played a large part in ensuring there would be industry support and buy-in for the Code of Professional Conduct for AFAs," Financial Markets Authority chief executive Sean Hughes said.

"While other commitments now prevent him from continuing as chairman, we're pleased he has been able to stay on as a member of the Committee to help support their work."

Committee member Pip Dunphy has also stood down from the Code Committee.

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