Sheila Nicoll to leave FSA

Sheila Nicoll, director of policy at the Financial Services Authority (FSA), has announced her decision to leave when it changes to the Financial Conduct Authority (FCA) in April.

In a statement the regulator highlighted that since her appointment as director of conduct policy in 2009, Ms Nicoll had steered its changing conduct agenda, alongside policy work including the Retail Distribution Review (RDR), Mortgage Market Review and the funding review of the Financial Services Compensation Scheme.

Ms Nicoll joined the FSA from the Investment Management Association in October 2007. She was director of the retail firms division for two years, supervising building societies

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