Regulators launch diversity and inclusivity consultation

For regulated financial services firms

John Brazier
clock • 2 min read

Joint industry consultation on diversity and inclusion aims to accelerate pace of “meaningful change” among financial services firms

The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England have today (7 July) launched a joint discussion paper designed to further diversity and inclusion among the financial services sector. Open until 30 September, the paper includes a number of suggestions for firms to improve diversity and inclusion, such as the use of targets for representation, measures to make senior leaders directly accountable for diversity and inclusion in their firms, linking remuneration to diversity and inclusion metrics and the regulators' approach to considering dive...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

FOS CEO Abby Thomas steps down

FOS CEO Abby Thomas steps down

James Dipple-Johnstone and Jenny Simmonds will cover

Isabel Baxter
clock 07 February 2025 • 1 min read
Regulator soft launches £2.5m scam checker tool to help protect consumers

Regulator soft launches £2.5m scam checker tool to help protect consumers

‘FCA Firm Checker’ is live for small number of users

Isabel Baxter
clock 05 February 2025 • 1 min read
CII adds two executive directors

CII adds two executive directors

Effective early March

Isabel Baxter
clock 04 February 2025 • 1 min read