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

Delayed NFM regulations set to take effect in June

clock • 5 min read

Jo Keddie looks at the FCA’s delayed Non-Financial Misconduct regulations and DE&I 'volte-face'

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...

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