Beyond ‘Bad Apples’: D&I and misconduct in financial services
Floor 2: Enterprise 2

schedule 2:30 - 3:45pm

This session is repeated at 12.00pm

Regulators are shining a spotlight on diversity, inclusion, and non-financial misconduct in financial services. But risks associated with affirmative action and positive action / discrimination make this a highly sensitive issue. What does this mean for employers in this sector, and those advising them? This session will provide both legal analysis and a practical perspective on some of the key issues generated by the FCA/PRA consultation, including:

  • What is meant by “diversity”, “inclusion” and “non-financial misconduct” in this context.
  • The challenges of collating and using broader diversity data from employees.
  • When does positive action to achieve a D&I strategy become positive discrimination?
  • Is the backlash against affirmative action in the US likely to spread and impact D&I policies in the UK?
  • Should employers be concerned with historic allegations and those outside of employment?
  • Are NDAs ever appropriate in cases of alleged harassment or bullying in this context?