City firms face FCA clampdown on bullying and harassment

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Guardian Business

City firms race to prepare for FCA crackdown on bullying and harassment

Rules will require hedge funds, insurers and pension firms to report all non-financial wrongdoing The City’s largest hedge funds, insurers and pension funds are racing to prepare for sweeping rules that will stop nearly 40,000 companies from hiding bullying and harassment cases from the financial watchdog. From the start of next month, the Financial Conduct Authority (FCA) will expand a crackdown on bad behaviour i…

27 Aug, 07:00

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City AM

City firms face FCA clampdown on bullying and harassment

City bosses are set for fresh scrutiny over the conduct of their staff as the financial regulator extends a clampdown on non-financial misconduct issues like bullying and harassment. After years of consultation, surveys and industry feedback, the Financial Conduct Authority’s (FCA) new rules on non-financial misconduct in non-banking firms take effect on Tuesday for around [...]