Publication
FCA / PRA focus on D&I: What do firms need to be doing now?
Last year, the FCA and PRA published Consultation Paper (CP) 23/20 “Diversity and inclusion in the financial sector – working together to drive change” and “CP18/23 – Diversity and inclusion in PRA-regulated firms” respectively. The requirements are expected to come into force in H1 2025, and whilst formal feedback on the CPs is not expected until H2 2024, there are steps that firms can be taking now, in advance of the final requirements being published, to get ahead.