PRA and FCA launch consultation to boost D&I in financial services
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PRA and FCA launch consultation to boost D&I in financial services

Jai Singh
25 September 2023
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The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have launched a consultation proposing measures to boost diversity and inclusion to support healthy work cultures, reduce groupthink and unlock talent.

The measures aim to enhance the safety and soundness of firms and improve their understanding of diverse consumer needs, as increased diversity and inclusion can deliver better internal governance, decision-making and risk management.

The

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