Britain's financial regulators proposed guidance on Monday for financial firms to tackle sexual harassment and bullying, along with new requirements for large banks and insurers to set targets to improve diversity and inclusion.
The Financial Conduct Authority and the Bank of England's Prudential Regulation Authority said their proposed measures would boost diversity and inclusion to support healthy work cultures, reduce groupthink and unlock talent.
"The proposals set flexible, proportionate minimum standards to raise the bar, placing more requirements on larger firms," said Bank of England Deputy Governor Sam Woods in a statement.has come under the spotlight after the Financial Times published allegations of widespread sexual misconduct by high-profile hedge fund manager Crispin Odey, who has denied the allegations.
The proposals include rules and guidance to make clear that misconduct such as bullying and sexual harassment poses a risk to a healthy work culture, and will help firms take appropriate action against employees for such behaviour, the regulators said. "We’re strengthening our expectations on how the firms we regulate consider such misconduct when deciding whether someone is fit and proper to work within the industry," FCA Chief Executive Nikhil Rathi said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Monday's Chicago White Sox game rescheduled to ThursdayMonday's Chicago White Sox-Arizona Diamondbacks game has been rescheduled to Thursday at Guaranteed Rate Field. The contest will start at 1:10 p.m.
Baca lebih lajut »
Weather issues on East Coast reschedule Monday’s Chicago White Sox-Arizona Diamondbacks game to ThursdayRain has led to a change in the upcoming Chicago White Sox schedule. Monday’ s game against the Arizona Diamondbacks has been rescheduled to Thursday, the team announced Saturday. Major Leagu…
Baca lebih lajut »
Yankees and Diamondbacks rained out for Saturday; game rescheduled for MondayThe Arizona Diamondbacks’ game at the New York Yankees on Saturday was postponed because of a forecast of sustained rain. The Yankees made the announcement more than four hours before the scheduled first pitch at 1:05 p.m.The Yankees announced the game will played on Monday. Rain also is forecast for Sunday. Zach Davies (2-5) had been scheduled to start for…
Baca lebih lajut »
Eagles vs Buccaneers Odds, Picks, and Predictions - Monday Night FootballMNF odds, picks, and predictions for Philadelphia Eagles vs Tampa Bay Buccaneers. NFL betting best bet and game analysis.
Baca lebih lajut »
Joe Burrow back to practice ahead of Monday’s showdown vs. RamsJoe Burrow participated in practice Friday, a good sign for Cincinnati that a lingering calf injury may not keep him out Monday.
Baca lebih lajut »