EDI Reports and Regulatory Updates

A library of the latest EDI Reports & Regulatory Updates

EDI Reports  

Sexism in the City ReportTreasury Committee Report (March 2024)

HM Treasury Women in Finance Annual Review (March 2024)

Diversity and inclusion in the financial sector – working together to drive change – FCA CP23/20 (September 2023)

Ethnic diversity of UK boards: the Parker Review (June 2023)

Race to Equality: UK Financial Services Report 2022

Addressing underrepresentation of ethnic minorities in the UK financial services sector.

Review of research literature that provides evidence of the impact of diversity and inclusion in the workplace (July 2021)

EDI Regulatory Updates

FCA Speech on Extending Financial Inclusion
On 29 September 2023, Nikhil Rathi, CEO of the FCA delivered a speech calling for “a new enlightenment” that can help support financial inclusion.

FCA publishes Diversity & Inclusion Consultation Paper & FLA Session for Members (19 October 2023)

On 25 September 2023, the FCA and PRA published Consultation Papers aimed at boosting diversity and inclusion in financial services.  The FCA’s consultation is: Diversity & Inclusion in the financial sector – working together to drive change.  The proposals focus on promoting healthy work cultures, reducing groupthink and unlocking talent. The measures also aim to enhance the safety and soundness of firms and improve understanding of diverse consumer needs.

The PRA published its own proposals at the same time and the FCA has worked closely with the PRA to develop a consistent and coordinated set of proposals for consultation