UK FCA to set out non-financial misconduct plans soon
( February 4, 2025, 13:08 GMT | Official Statement) -- MLex Summary: The UK Financial Conduct Authority has updated its rules and guidance on non-financial misconduct and will set out more detail on its next stops “shortly,” an official said today. An FCA survey of a thousand companies found 2,347 allegations in 2023 of non-financial misconduct — such as bullying and harassment — or around nine per work day, the FCA's chief operating officer Emily Shepperd said. New guidance is expected to make it clearer for firms what is not acceptable, and easier for the regulator to act when allegations aren't properly dealt with.Speech below. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.