The FCA and PRA initially consulted on proposed rules and expectations around diversity and inclusion for regulated firms in September 2023
The FCA and Prudential Regulation Authority (PRA) have confirmed that they have no intentions of taking forward proposed work on improving diversity and inclusion at regulated firms.
The statement also noted that the FCA would continue to “prioritise work to tackle non-financial misconduct”, which “can help to improve outcomes for markets and consumers and reduce harm”.
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