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

John Healey's first Autumn Budget set for 28 October

John Healey's first Autumn Budget set for 28 October

Government looks to "kickstart growth in every postcode"

Isabel Baxter
clock 03 August 2026 • 2 min read
Just 12 firms recieved FCA bereavement survey: Professional Adviser

Just 12 firms recieved FCA bereavement survey: Professional Adviser

Covers advisers, platforms and wealth managers

Sophia Panayi
clock 30 July 2026 • 3 min read
FCA's Consumer Duty review finds weak focus on customer outcomes

FCA's Consumer Duty review finds weak focus on customer outcomes

Review into firms’ outcomes monitoring

Sophia Panayi
clock 27 July 2026 • 2 min read