Regulatory AlertsPS25/23: Tackling non-financial misconduct in financial services
The Prudential Regulation Authority and Financial Conduct Authority issued Policy Statement 25/23 to establish new guidance on tackling non-financial misconduct within the financial services sector. The document formalizes regulatory expectations for firms to manage employee behaviors that fall outside traditional financial crime, including harassment and discrimination, through robust governance and culture frameworks. This policy follows a consultation period and aims to enhance consumer protection by addressing the cultural and operational risks associated with such misconduct.
Consultation on D&I in financial sector opened
25/09/2023
Consultation on D&I in financial sector closed
18/12/2023
Policy Statement and Consultation on non-financial misconduct guidance published
02/07/2025
Consultation on non-financial misconduct guidance closed
10/09/2025
Policy Statement on non-financial misconduct published
12/12/2025
12/12/2025