FCA, PRA and BoE join forces to tackle lack of diversity

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The regulators are seeking to improve diversity and inclusion in financial services
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The regulators are seeking to improve diversity and inclusion in financial services

The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England (BoE) have come together to explore how they can improve diversity and inclusion in the financial services sector.

In a discussion paper the regulators outline several suggestions including regular reporting, linking renumeration to D&I metrics, internal audits, and considering the approach to non-financial misconduct....

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