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City firms race to prepare forFCA crackdown on bullying and harassment

Rules will require hedge funds, insurers and pension firms to report all non-financial wrongdoing

Read full story on The Guardian
Kalyeena Makortoff Banking correspondent27 Aug 2026, 07:00 amUpdated 1h ago1 min readEuropeUnited Kingdom
City firms race to prepare for FCA crackdown on bullying and harassment

United KingdomKalyeena Makortoff Banking correspondent

Rules will require hedge funds, insurers and pension firms to report all non-financial wrongdoing

The City’s largest hedge funds, insurers and pension funds are racing to prepare for sweeping rules that will stop nearly 40,000 companies from hiding bullying and harassment cases from the financial watchdog.

From the start of next month, the Financial Conduct Authority (FCA) will expand a crackdown on bad behaviour in the banking industry to a wider group of City investment firms and brokers.

The City’s largest hedge funds, insurers and pension funds are racing to prepare for sweeping rules that will stop nearly 40,000 companies from hiding bullying and harassment cases from the financial watchdog.

This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian

Source: The Guardian · Kalyeena Makortoff Banking correspondent. Published 27 Aug 2026, 07:00 am.

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