Employment
Emma Cocker
July 2025
Senior Associate Emma Cocker comments on the FCA’s announcement that it will treat bullying and harassment as serious ‘non-financial misconduct’ across all regulated firms – not just banks.
Emma’s comments were published in Personnel Today, 2 July 2025, and can be found here.
“For too long there has been a mismatch between what the FCA’s rules say about non-financial misconduct and what has actually been said and done about such behaviour.
“Under these new guidelines, poor personal behaviour will be treated in the same way as financial misconduct, meaning it will need to be shared in regulatory references to the FCA. As such, it will be much harder for individuals to move from firm to firm to escape their disrepute.
“In addition to the implications on individuals, the new rules will help the regulator to spot cultural failings in firms, which in turn helps to identify instances of poor decision making and risk management, both of which are vitally important qualities in this industry.”
For more information on our employment services, please click here
