FCA to require 40% office attendance in hybrid working scheme

Senior leadership expected to reach 50%

Elliot Gulliver-Needham
clock • 1 min read

The Financial Conduct Authority (FCA) will ask all employees to return to the office for at least 40% of each month from September, while senior leadership will be “encouraged” to meet a 50% minimum.

Following a hybrid working survey, FCA board members approved a new pilot scheme to push employees to work in the office, board minutes for a 15 July meeting revealed. The plan will come into effect from 5 September and be in place until at least the end of 2023. The board's minute read: "The fully dispersed pilot will continue for teams, subject to local management approval, until the end of 2022. Staff will be required to attend the office for certain activities, including team events, and performance reviews and discussions." An FCA spokesperson said: "During our hybrid working ...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Why well-run advice firms still shoulder an unfair FSCS burden - and what needs to change

Why well-run advice firms still shoulder an unfair FSCS burden - and what needs to change

Tom Hegarty shares his views on the FSCS levy and why things need to change...

Tom Hegarty
clock 08 January 2026 • 4 min read
FCA Consolidation Review: Key actions for firms navigating M&A

FCA Consolidation Review: Key actions for firms navigating M&A

What does best practice look like?

Professional Adviser
clock 07 January 2026 • 4 min read
FCA removes regulatory permissions from advice firm over breaches

FCA removes regulatory permissions from advice firm over breaches

Ups assets restriction and notes unpaid FOS award

Jen Frost
clock 22 December 2025 • 2 min read