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The UK Financial Conduct Authority (FCA) has recently announced that it is considering adding a sixth question on diversity and inclusion (D&I) to its five conduct questions (5CQs). The. ....
To embed, copy and paste the code into your website or blog: Two senior members of the FCA have recently delivered significant speeches on the importance of diversity and inclusion (“ D&I”) in regulated firms and why this should be considered a regulatory issue. Whilst the importance of D&I has long been discussed and highlighted by the regulators, these two speeches mark a step change in the level of FCA focus on this area. The speeches also demonstrate the FCA’s renewed commitment to promoting “psychological safety” - creating an environment where people feel empowered to speak up - and the impact D&I has on improving this. ....