The Financial Conduct Authority (FCA) is implementing new rules targeting non-financial misconduct such as bullying and harassment in approximately 37,000 non-bank firms, following extensive industry consultation.
Key takeaway
FCA introduces new rules against bullying and harassment in 37,000 firms.
- Step 1 · The triggerFCA implements new rules against bullying and harassment in non-bank firms
- Step 2 · Knock-onCity firms must adapt their policies and procedures to comply with these regulations
- Step 3 · Knock-onImproved workplace culture may lead to higher employee satisfaction and retention
- Step 4 · Reaches youLegal and consultancy firms see increased demand for compliance services as businesses seek to meet new standards
The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.
Source: City A.M.
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