Wheatley’s law firm announced

Chief financial regulator Martin Wheatley will be advised by law firm Kingsley Napley in the upcoming investigation over a bungled announcement by Financial Conduct Authority (FCA), according to sources close to the issue. The firm will be representing Wheatley and other top FCA staff, with the watchdog picking up the legal bills. Insurance firms were hit by a mishandled press briefing in March and failed to correct the mistake quickly, prompting the investigation.