Last week, the UK House of Commons Treasury Committee issued a report detailing the findings of its inquiry into sexism in the financial sector, concluding that efforts to resolve these issues are moving at a "snail's pace."
"Firms must take responsibility for improving their culture," said Harriett Baldwin, Chair of the Treasury Committee. "There have been several high-profile cases which show the existential risk to firms who don't tackle sexual misconduct... Regulators and the Government also have a role to play but they need to think carefully about what will deliver the best outcomes and avoid introducing tick-box exercises."
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