Financial services regulators in the UK publish consultation papers to boost diversity and inclusion
Following the Discussion Paper published by the BoE, FCA and PRA in 2021 seeking proposals to accelerate the pace of meaningful change in relation to diversity and inclusion in the financial sector, the PRA and FCA have published consultation papers setting out their proposed rules and guidance to deliver improved D&I in the sector. The consultation period closes on 18 December 2023; a policy statement is expected to be published during H1 2024, with both regulators proposing a phased implementation process thereafter.
Webinars and Podcasts
Explore our recent webinars and podcasts below
PRA & FCA Consultations on Diversity & Inclusion
During this webinar members of our Financial Regulatory Group and Employment & Incentives practice discussed the regulators’ proposals and initial reactions on the challenges firms could face when looking to operationalise the regulators’ proposals as set out in the consultation papers.
Why is D&I a regulatory issue in financial services?
We outline the recent regulatory focus on culture, how this fits into diversity, and what the financial regulators are trying to achieve in this space.
Question Time with the Diversity Faculty
During this webinar members of the Linklaters Diversity Faculty discussed some of the key issues facing businesses in the diversity & inclusion (D&I) space right now. The Faculty collated some of the trickiest, thorniest and burning questions being asked by our clients, businesses, peers and colleagues over recent months, and answered a selection of these live during the webinar.
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PRA & FCA Consultation Webinar
PRA & FCA Consultation Webinar
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Why is D&I a regulatory issue in financial services?
Why is D&I a regulatory issue in financial services?
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Question Time with the Diversity Faculty
Question Time with the Diversity Faculty
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