Tolerance of misconduct within financial services businesses would be a "clear example of a driver of unhealthy culture", Nausicaa Delfas told delegates at the Women in Finance Summit 2019.
In her speech, Delfas (pictured) said non-financial misconduct - serious personal misbehaviour, bullying, sexual discrimination or misconduct - had been an emerging theme over the last year or so. The executive director of international at the Financial Conduct Authority (FCA) told delegates at the conference: "In our view, tolerance of this sort of misconduct would be a clear example of a driver of unhealthy culture. This area clearly requires management attention and a broader change in the firms' mindset." MP urges firms to go 'further and faster' for diversity in senior roles S...
To continue reading this article...
Join Professional Adviser
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.
