Regulatory and supervisory bodies are recognizing that there is value in improving the management of culture and conduct risk for their own organizations.
Observations
Feb 20, 2024The UK Financial Conduct Authority (FCA) has directed over 1000 banks, insurers, and brokerages to disclose how many cases of sexual harassment, discrimination, and other non-financial misconduct they have recorded since 2021, and how those cases were resolved.
by Starling Insights, Wayne Byres, Michelle W. Bowman, Charles Randell
Compendium
Feb 14, 2024Observations
Feb 01, 2024The UK Financial Conduct Authority (FCA) has unveiled plans to investigate sexual harassment and bullying complaints in the financial industry. As reported by Laura Noonan of the Financial Times, the exercise will include a particular focus on the use of non-disclosure agreements (NDAs) to conceal misconduct.