’Our new rules will help drive consistency across industry and support the vast majority of firms that want to do the right thing to deepen trust in financial services,’ says deputy chief executive
The FCA has clarified changes to the rules around non-financial misconduct today (2 July 2025) with the publishing of a new consultation.
In the newly published document, the regulator specified that bullying and harassment in financial firms qualifies as misconduct. Previous rules were unclear on these types of behaviours and whether they would amount to a conduct breach at financial firms other than banks.
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