Last week, the FCA published its long-awaited policy statement containing amendments to the FCA’s Code of Conduct (“COCON”) aimed at combatting non-financial misconduct (“NFM”). NFM can amount to a breach of FCA rules in any...more
7/9/2025
/ Banks ,
Bullying ,
Code of Conduct ,
Consultation ,
Corporate Misconduct ,
Employee Misconduct ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Policy Statement ,
Sexual Assault ,
Sexual Harassment ,
SMCR ,
UK ,
Workplace Bullying
Make no mistake, nonfinancial misconduct remains at the top of the Financial Conduct Authority's agenda.
Originally published in Law360 - November 26, 2024....more
11/27/2024
/ Benchmarking ,
Board of Directors ,
Compliance ,
Corporate Culture ,
Corporate Misconduct ,
Data Collection ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Grievance Process ,
Illegal Drugs ,
Policies and Procedures ,
Risk Assessment ,
Surveys ,
Trade Associations ,
UK ,
Whistleblowers
#MeToo is still moving across the pond. On March 8, 2024, the House of Commons Treasury Committee published a report entitled “Sexism in the City” (referenced as “Report” in this article), which found that the...more
4/12/2024
/ Banking Sector ,
Diversity ,
Diversity and Inclusion Standards (D&I) ,
Employment Policies ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Pay Equity Laws ,
Pay Gap ,
Prudential Regulation Authority (PRA) ,
Sexual Harassment ,
UK
“The wholesale insurance market in particular has a long way to go in having an inclusive culture...areas for improvement include...preventing and handling non-financial misconduct,” stated the Financial Conduct Authority...more
The US House of Representatives recently passed the Secure and Fair Enforcement (SAFE) Banking Act, H.R. 1595 (the Act), which, if it becomes law, would have far-reaching implications for financial institutions considering...more
10/7/2019
/ Cannabidiol (CBD) oil ,
Controlled Substances Act ,
Criminal Proceeds ,
Depository Institutions ,
Dispensaries ,
Farm Bill ,
Financial Institutions ,
Financial Services Industry ,
Financial Transactions ,
Marijuana Related Businesses ,
Money Laundering ,
Pending Legislation ,
SAFE Act ,
Safe Harbors