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Ex-FSA policy director Sheila Nicoll joins Ernst & Young
by Michelle Abrego on Sep 06, 2013 at 10:34
Sheila Nicoll, director of conduct policy at the Financial Services Authority (FSA) has joined Ernst & Young’s Asset Management practice as a senior adviser.
Nicoll announced her departure from the FSA in January this year and left when it became the Financial Conduct Authority (FCA) in April.
Nicoll becomes the latest in a long line for former regulators to join one of the big four accountancy firms or a major bank after leaving Canary Wharf.
In her role at E&Y Nicoll will be assisting clients with public policy and regulatory issues with a specific focus on the UK and Europe.
As the director of conduct policy at the FSA, she oversaw the retail distribution review (RDR), mortgage market review and the funding review of the Financial Services Compensation Scheme.
Nicoll joined the FSA from the Investment Management Association in October 2007, where she was director of the retail firms division for two years.
Alex Birkin, E&Y’s global head of asset management advisory, said: ‘We’re delighted Sheila has joined us. She has an unrivalled depth of public policy and regulatory experience in the sector, coupled with a pragmatic approach to their application. This will be invaluable to our clients as they grapple with the challenges and opportunities that the implementation of European and UK regulations creates for their businesses.’
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