UK’s City Watchdog Expands Rules on Bullying and Harassment
- The UK's Financial Conduct Authority announced it will extend bullying and harassment rules to about 37,000 non-banking firms starting September 1, 2026.
- This expansion follows last year's FCA survey highlighting bullying, sexual harassment, and discrimination as common misconduct in the financial sector.
- The FCA plans require firms to share serious misconduct details in regulatory references, aiming to prevent individuals avoiding consequences by moving firms.
- Sarah Pritchard emphasized that issues in the market frequently stem from underlying cultural shortcomings within firms, and highlighted that the new regulations are designed to enhance trust and promote consistent practices across the industry.
- The extended rules signal stronger oversight on non-financial misconduct, supporting firms in addressing workplace culture and deepening public confidence in financial services.
24 Articles
24 Articles
FCA Says Bullying and Harassment Count as Workplace Misconduct
The UK’s Financial Conduct Authority has clarified that serious bullying, harassment and violence in the work place qualify as misconduct at financial firms, behavior that could ultimately lead to a ban from the sector.
FCA Confirms Bullying And Harassment As Misconduct, Extends Rules To Thousands More Firms - FinanceFeeds
The UK Financial Conduct Authority has finalized rules that classify serious cases of bullying, harassment, and violence in financial services as misconduct. From 1 September 2026, these rules will extend to approximately 37,000 additional regulated firms, closing a long-standing gap in conduct regulation outside the banking sector. Previously, the application of the FCA’s conduct rules to non-financial behaviour was ambiguous in many parts of t…
FCA Sets Out Next Steps on Its Approach to Non-Financial Misconduct
The regulator is re-evaluating whether to introduce new guidance to assist firms in this challenging area. By Nicola Higgs, Andrea Monks, Rob Moulton, Nell Perks, Becky Critchley, Charlie Bowden, and Charlotte Collins On 2 July 2025, the FCA published its long-awaited proposed next steps on addressing non-financial misconduct (NFM) in financial services. In a joint Consultation Paper and Policy Statement (CP25/18), the regulator is re-consulting…
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