On 2 July 2025, the FCA published its long-awaited proposed next steps on addressing non-financial misconduct (NFM) in financial services. In a joint Consultation Paper and Policy Statement (CP25/18), the regulator is...more
7/3/2025
/ Code of Conduct ,
Corporate Misconduct ,
Employee Misconduct ,
Employees ,
Employment Policies ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Guidance Update ,
Joint Policy Statements ,
Joint Statements ,
Policy Statement ,
Professional Misconduct ,
Proposed Rules ,
Regulatory Reform ,
Regulatory Requirements ,
UK
The regulator has dropped its proposed “public interest” test, but will take certain aspects of its proposals forwards.
On 3 June 2025, the FCA published its final policy (PS25/5) on announcing enforcement...more
The data provides important insights to assist firms with their ongoing work in this area.
On 25 October 2024, the FCA published the results of a survey on non-financial misconduct it undertook earlier in the year...more
10/28/2024
/ Corporate Misconduct ,
Data Collection ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
Harassment ,
Insurance Industry ,
Remuneration ,
Sexual Harassment ,
Surveys ,
UK ,
Whistleblowers ,
Workplace Violence
The Sexism in the City report highlights key issues affecting women in financial services and sets out a number of recommendations to address them.
On 8 March 2024, the House of Commons Treasury Committee published its...more
3/15/2024
/ Banking Sector ,
Diversity ,
Diversity and Inclusion Standards (D&I) ,
Employment Policies ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
Information Reports ,
Pay Equity Laws ,
Pay Gap ,
Prudential Regulation Authority (PRA) ,
Sexual Harassment ,
UK
The FCA plans to streamline its approach to enforcement and publicise investigations at an early stage.
On 27 February 2024, the FCA published a Consultation Paper (CP24/2) on its proposed new approach to publicising...more
For parties to securities claims, a recent ruling clarifies that representative actions under CPR 19.8 do not oust the High Court’s jurisdiction to case manage such claims.
The Commercial Court has struck out the first...more
The FCA’s long-awaited regime seeks to raise standards, increase consumer understanding, and reduce instances of greenwashing.
On 28 November 2023, the FCA published its Policy Statement (PS23/16) containing final rules on...more
The FCA and the PRA have published their long-awaited consultations which aim to formalise how firms approach diversity and inclusion.
On 25 September 2023, the FCA and the PRA published separate but related consultation...more
10/2/2023
/ Compliance ,
Compliance Monitoring ,
Consultation ,
Corporate Governance ,
Disclosure Requirements ,
Diversity ,
Diversity and Inclusion Standards (D&I) ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Proposed Regulation ,
Prudential Regulation Authority (PRA) ,
UK ,
Willful Misconduct
Many sectors, including financial services, have encountered a discernible increase in whistleblows in recent times — a trend that shows no signs of abating. Indeed, some whistleblowers have seen fit to publicise their...more
The FCA’s latest report into D&I highlights the need for additional metrics, social mobility, firm culture, staff development, data quality, and systematic strategies.
In 2021 and 2022, the FCA carried out a survey of...more
Culture has become a point of focus for regulators and corporate stakeholders. The UK Financial Conduct Authority has taken a particular interest in culture and conduct within the financial services sector following the...more