FCA moves to force firms to 'comply or explain' diversity targets

Regulator proposes new diversity disclosure requirements

Mike Sheen
clock • 2 min read
FCA moves to force firms to 'comply or explain' diversity targets
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FCA moves to force firms to 'comply or explain' diversity targets

The Financial Conduct Authority (FCA) has proposed new rules forcing listed companies to disclose diversity information about boards and executive teams, including the introduction of “comply or explain statements” on progress in achieving gender and ethnic minority representation targets.

In a consultation on changes to its listing rules published today (28 July), the FCA proposed the introduction of annual publications to ensure any existing disclosure on diversity policies address...

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