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

Walking people blur. Lots of people walking in the City of London. Wide panoramic view of people crossing the road.

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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