Ernst & Young has hired Sheila Nicoll, former director of conduct policy at FSA, as a senior advisor within the company’s asset management practice.
In her new role, Nicoll will be assisting clients with public policy and regulatory issues with a specific focus on the UK and Europe.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Nicoll announced her departure from the FSA in January this year and left when it became the Financial Conduct Authority (FCA) in April.
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.
Prior to joining the FSA, Nicoll was deputy chief executive of the Investment Management Association. Nicoll was also a board member of the European Funds and Asset Management Association and acted as chair of its regulatory policy committee.
Alex Birkin, global head of asset management advisory at Ernst & Young, said, "We are 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.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"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."
