UK regulator to extend non-financial misconduct rules beyond banking

Published 02/07/2025, 10:42
UK regulator to extend non-financial misconduct rules beyond banking

Investing.com -- Britain’s Financial Conduct Authority (FCA) announced Wednesday it will expand rules on non-financial misconduct beyond the banking sector.

The UK watchdog plans to broaden its oversight to include how finance firms handle cases of poor personal behavior such as bullying and discrimination.

Information about serious, substantiated cases of misconduct will be shared through regulatory references, similar to how financial misconduct is currently reported.

The FCA stated this change will make it more difficult for individuals to escape consequences by moving between firms.

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