US EditionUK’s City Watchdog Expands Rules on Bullying and Harassment
UNITED KINGDOM, JUL 2 – The FCA will require firms to share serious misconduct cases through regulatory references and extend bullying and harassment rules to 37,000 financial firms from September 2026.
- The Financial Conduct Authority revealed plans to implement bullying and harassment misconduct regulations across roughly 37,000 additional regulated financial firms, excluding banks, beginning on the first of September, 2026.
- This extension follows ongoing FCA efforts since last year, prompted by high-profile misconduct cases and a Treasury inquiry into sexism in the financial sector.
- The FCA has launched a consultation running until September 10, 2025, inviting input on its draft guidance regarding the evaluation of individuals’ personal conduct unrelated to financial matters when determining their suitability to work in the sector.
- Sarah Pritchard noted that cultural issues within firms frequently underlie market problems, highlighting how unchecked behaviors like bullying or harassment can signal deeper organizational risks. The FCA projects initial implementation costs of £75 million, followed by £40 million in annual expenses to support these measures.
- The new rules aim to improve consistency, support firms in addressing misconduct, deepen trust in financial services, and prevent individuals avoiding consequences by changing employers.
25 Articles
25 Articles
FCA Says Bullying and Harassment Count as Workplace Misconduct
The UK’s Financial Conduct Authority has clarified that serious bullying, harassment and violence in the work place qualify as misconduct at financial firms, behavior that could ultimately lead to a ban from the sector.
Comments & Feedback on FCA Rules on Bullying & Harassment
Some comments for you on the FCA announcement clarifying expectations on bullying, harassment and violence from Norton Rose Fulbright partners Katie Stephen and Paul Griffin. Katie Stephen, partner and London Co-Head of the Contentious Financial Services [...] The post Comments & Feedback on FCA Rules on Bullying & Harassment appeared first on .
FCA to extend non-financial misconduct rules beyond banking
The UK’s Financial Conduct Authority (FCA) is set to broaden its rules covering non-financial misconduct, such as bullying and discrimination, beyond the banking industry. This move aims to address concerns about poor practices at financial firms, which have risen on the regulatory agenda in recent years, reported Reuters. According to the FCA, this initiative seeks to increase consistency and enhance trust in financial services. Reports of bull…
FCA Confirms Bullying And Harassment As Misconduct, Extends Rules To Thousands More Firms - FinanceFeeds
The UK Financial Conduct Authority has finalized rules that classify serious cases of bullying, harassment, and violence in financial services as misconduct. From 1 September 2026, these rules will extend to approximately 37,000 additional regulated firms, closing a long-standing gap in conduct regulation outside the banking sector. Previously, the application of the FCA’s conduct rules to non-financial behaviour was ambiguous in many parts of t…
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