Regulatory scrutiny of workplace culture and the handling of non-financial misconduct
FCA regulated firms and their individual employees, can find themselves subject to the scrutiny of the regulator over the culture of their firm, the way an investigation is handled and the impact of non-financial misconduct on the regulatory status of individuals.
In the wake of the #metoo movement, firms may continue to see an increase in the number of sexual harassment allegations raised in the workplace, as well as those relating to other types of non-financial misconduct such as discrimination, victimisation and bullying. In this climate, it is crucial that regulated firms are aware of the FCA’s keen interest in the culture of the workplace, the handling of investigations and whether firms take appropriate action.
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