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Non-financial Misconduct – FCA Issues New Policy Statement and Consults on Guidance

OVERVIEW - On 2 July 2025, the Financial Conduct Authority (FCA) published a significant policy statement and consultation paper (CP25/18) addressing non-financial misconduct (NFM) in the financial services sector. It...more

The insurance sector responds to the FCA's non-financial misconduct survey

Last week, firms in the insurance sector submitted their responses to the recent survey issued by the Financial Conduct Authority ('FCA') into non-financial misconduct....more

Not so 'plain and simple': the new draft FCA rules for non-financial misconduct

In 2018, the UK's Financial Conduct Authority ("FCA") stated publicly that "non-financial misconduct is misconduct, plain and simple", emphasising their view that the Conduct Rules applicable to most employees within...more

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