UK financial regulator warns firms over diversity and inclusion vagueness

Mark Battersby
clock • 4 min read

Listed financial firms in the UK have been warned by regulator the Financial Conduct Authority that the first annual reports to cover new diversity and inclusion (D&I) reporting requirements must hit D&I targets or contain "clear and meaningful explanation' of why targets were missed. In a briefing note on 24 March, international law firm Pinsent Masons said new targets were introduced last year and in April the first annual reports to take account of new obligations will be published. The rules require that 40% of the board are women, that at least one board member is from a minority...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?