Financial Reporting Council
David Thomas is an experienced economic consultant and the founder and managing partner of DT Economics, a firm specializing in regulatory, competition, and expert witness services for digital markets since September 2016. In addition to their role at DT Economics, David serves as an advisory panel member for the Financial Reporting Council, is a member of the Competition and Markets Authority, and holds various panel member positions for both the Payment Systems Regulator and the Financial Conduct Authority. David is also a member of the Civil Aviation Authority's Consumer Panel. Prior to these roles, David served as a partner at KPMG LLP, where David was the Global Head of Economics & Regulation, and held director positions at Ofcom and PricewaterhouseCoopers. David holds a Master of Arts (MA) in Economics from the University of Cambridge.
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Financial Reporting Council
The FRC is the UK's independent regulator serving the public interest by setting high standards of corporate governance, reporting and audit and by holding to account those responsible for delivering them. We set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work. We represent UK interests in international standard-setting. We also monitor and take action to promote the quality of corporate reporting and auditing. We operate independent disciplinary arrangements for accountants and actuaries; and oversee the regulatory activities of the accountancy and actuarial professional bodies.