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FCA sexual misconduct and discrimination complaints increase three-fold in 2018

Regulator fears ‘re-emergence of cosy boys’ clubs and men-only networks’

FCA: "Over the last 12 months, we have seen a noticeable upturn in reports which concern issues like discrimination and sexual harassment in financial services."
FCA: "Over the last 12 months, we have seen a noticeable upturn in reports which concern issues like discrimination and sexual harassment in financial services."
  • Mike Sheen
  • Mike Sheen
  • 19 December 2018
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Whistleblowing complaints to the Financial Conduct Authority (FCA) regarding sexual misconduct and discrimination have increased by more than 300% in 2018, with the regulator warning of "the re-emergence of cosy boys' clubs and men-only networks".

Complaints to the regulator concerning issues like discrimination and sexual harassment in financial services grew from 20 reports in 2017 to 64 in 2018, executive director of strategy and competition...

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