Financial services

FCA responds to Committee recommendations in 2024 ‘Sexism in the City’ report

The Financial Conduct Authority (FCA) has responded to the Treasury Committee on its non-financial misconduct (NFM) actions. The FCA is working with the Equality and Human Rights Commission (EHRC) on potential guidance on preventing sexual harassment in the workplace. An FCA survey shows declining use of non-disclosure agreements (NDAs) since 2021, and this trend is […]

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Financial Services in Focus: FCA and PRA AI Update: Senior Managers’ accountability for the use of AI

Following the publication of the Government’s pro-innovation strategy earlier this year, the Financial Conduct Authority’s (FCA) AI Update last week sets out how its existing regulatory framework maps to the Government’s five principles on Artificial Intelligence (AI) regulation (AI Principles). The Bank of England and the Prudential Regulation Authority (PRA) have also written to the

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