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EY appoints partner to fraud investigation team

EY has appointed Rachel Sexton to its fraud investigations and disputes services (FIDS) team in the UK.

Joining the team as a partner, Sexton has 20 years' experience of working in banking and insurance during the course of a career spanning the UK, US, Germany and Switzerland, as well as three of the Big Four.

Sexton previously held the post of forensic manager at EY in the UK for two years, before moving to Deloitte, first as a senior manager and then as a director within the competing Big Four's forensic and dispute services.

She then moved to KPMG, where she held the post of forensic investigations and compliance partner for over two years, up to her most recent appointment at EY.

The FIDS team investigates corporate malpractice and assists clients facing regulatory investigations and enquiries related to economic sanctions, money laundering, financial misstatements and fraud.

EY UK head of FIDS John Smart described Sexton's appointment as "a real boost" for the Big Four's forensic investigation capabilities, coinciding with increased government scrutiny towards the financial services sector.

He added: "Following high-profile issues such as LIBOR, FX and mis-selling, the financial services sector is keen to respond to incidents with investigative rigour and Rachel and her team will be well placed to help them to deliver on that."

Sexton herself commented: "Regulators are increasing their scrutiny of the financial services sector and this has resulted in a more complex regulatory landscape.

"It is therefore crucial that our clients are able respond to regulatory investigations and enquiries in a timely and robust manner," she added.

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