The FCA's DE&I volte-face: Why doing the right thing still matters

In March the Financial Conduct Authority (FCA) announced that it would not proceed with plans requiring companies to disclose more about diversity equity and inclusion (DE&I) policies after criticism from politicians and businesses. It has also announced that it will be delaying plans to introduce rules on non-financial misconduct, due in March, until June.   This signals a retreat from proactively encouraging positive change on DE&I alongside less urgent regulatory action for dealing with the rise in non-financial misconduct (NFM). Despite this, it is important that firms continue to...