FCA to require 40% office attendance in hybrid working scheme

Senior leadership expected to reach 50%

clock • 1 min read

The Financial Conduct Authority (FCA) will ask all employees to return to the office for at least 40% of each month from September, while senior leadership will be “encouraged” to meet a 50% minimum.

Following a hybrid working survey, FCA board members approved a new pilot scheme to push employees to work in the office, board minutes for a 15 July meeting revealed. The plan will come into effect from 5 September and be in place until at least the end of 2023. The board's minute read: "The fully dispersed pilot will continue for teams, subject to local management approval, until the end of 2022. Staff will be required to attend the office for certain activities, including team events, and performance reviews and discussions." An FCA spokesperson said: "During our hybrid working ...

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

A generational opportunity for financial advisers

A generational opportunity for financial advisers

Advisers could be the beating heart of Britain’s recovery

Tony Müdd
clock 06 November 2025 • 2 min read
Reeves focuses on NHS waiting list ahead of Budget

Reeves focuses on NHS waiting list ahead of Budget

Calls to slash IPT on PMI

Cameron Roberts
clock 04 November 2025 • 2 min read
Protection didn't make the Targeted Support cut and rightly so!

Protection didn't make the Targeted Support cut and rightly so!

Saving for tomorrow and protecting today

Tony Müdd
clock 30 October 2025 • 3 min read