Lucy McNulty, Financial News

Lucy McNulty

Financial News

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  • Unknown
  • Financial News
  • Wall Street Journal

Past articles by Lucy:

The FCA has had a brutal 2021. Here’s why next year will be ‘daunting’ too

Experts weigh in on what to expect from a busy 2022 for the watchdog → Read More

JPMorgan’s WhatsApp fine shows compliance nightmare as banks spy on traders — Here’s what you need to know

Experts see a rise in 'market-abuse cases as a result of home working during the pandemic. There will be more scrutiny on this area than ever' → Read More

Inside the FCA’s wild year: ‘I have never worked in such an unhappy place’

Financial News tells the definitive story of 12 months that rocked the regulator → Read More

Brexit will get real in 2022: ‘This year has been a hall pass for everyone’

In early 2021, a Brexit deal lacking in provisions for financial services sparked a City-wide scramble to navigate the repercussions of the split. A year later, regulatory experts have bad news — there’s worse to come. Jake Green, a practice group global co-head at law firm Ashurst, said Brexit was “going to get real” in 2022. The past 12... → Read More

Tom Hayes vows to ‘fight’ after convicted Libor rigger denied right to appeal

Convicted Libor rigger Tom Hayes has said he will "fight to clear" his name, after being denied another opportunity to appeal his conviction. The Criminal Cases Review Commission, an independent body responsible for investigating suspected miscarriages of justice, told Hayes' lawyer Karen Todner on 7 December that it had made a "provisional decision" not to refer the case to the Court of Appeal. → Read More

FCA staff ‘openly crying in meetings’ in push to postpone pay revamp

Staff said the regulator's consultation on new pay rules 'falls short of the standards that the FCA requires from regulated firms' → Read More

Convicted Libor rigger Tom Hayes has date set for appeal decision

The Criminal Cases Review Commission began investigating Hayes' case almost five years ago → Read More

Boris Johnson’s ‘grip’ on job doubted by City execs after Peppa Pig shambles

‘Take Back Control? Not on the beaches, that’s for sure. The City is losing influence and access.’ → Read More

FCA bosses urge dialogue on pay as staff ‘devastated’ at union setback

The regulator has left the door open to a formal request if the required legal thresholds on union membership are reached → Read More

FCA pushes back against Unite’s union ultimatum

Battle to unionise rumbles on as regulator 'respectfully declines' application → Read More

Finance firms double speaking fees to lawmakers: ‘It’s a growing and lucrative nice little earner’

It comes as senior politicians face mounting questions about income earned via private sector businesses → Read More

FCA board tells City regulator to ‘clearly articulate’ its ESG ‘limitations’

It comes as assets overseen by Europe’s sustainable investment funds are swelling to record levels → Read More

FCA staff brace for reduced earnings as bosses circulate new salary calculator

FCA staff previously complained the proposed changes to salaries and bonuses have decimated morale → Read More

FCA loses 49 staff from its supervision and enforcement teams

The departures come amid broader fears of brain drain at the regulator → Read More

FCA faces legal action if it fails to recognise staff union

Staff at the regulator have been pushing to join Unite since at least July, amid a backlash against changes introduced by chief executive Nikhil Rathi → Read More

Morrissey: FCA gender reporting rules could act as ‘distraction’ to boardroom diversity

FCA’s rules risk outing individuals who self-identified as a gender different to their birth sex → Read More

FCA frustrates staff attempt to drum up union support

Efforts by a breakaway group of FCA staff to solicit colleagues' support for unionising were branded a 'phishing' exercise by the regulator → Read More

FCA moves to ease bankers’ home visit fears after lawyers slam ‘drastic’ threat

Statement follows Financial News' reporting of widespread concern over the FCA's latest guidance → Read More

Bosses call lawyers over FCA’s ‘drastic’ threat to visit bankers’ homes

Legal experts say the watchdog's latest guidance has caused 'consternation' amongst financial services execs → Read More

Traders face wake-up call on Brexit workarounds as EU begins clampdown

Europe’s watchdogs are now ramping up efforts to stop City firms side-stepping Brexit → Read More