City firms race to prepare for FCA crackdown on bullying and harassment
What it is about
Who published it, and when
How it spread - 4 original reports
Thu, 27 August 2026
1 report- The Guardian World07:00first to report
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....
Tue, 1 September 2026
1 report- The Guardian World07:16
FCA chief, Nikhil Rathi, warned of ‘adverse consequences’ if challenge made to settlement, court filings allege The boss of the UK’s financial regulator is accused of threatening a consumer group with “adverse consequences” if it blocked a £9.1bn compensation scheme meant to settle the motor finance scandal . Legal documents reviewed by the Guardian said the alleged comments by the Financial Conduct Authority (FCA) chief executive, Nikhil Rathi, amounted to “an inappropriate intervention by a...
Mon, 14 September 2026
2 reports- lbc.co.uk13:14
Mr Odey took legal action against the regulator over the ban and its decision to fine him.
- The Guardian World15:14
Judges uphold ruling that financier tried to ‘frustrate’ investigations into harassment claims against him The former hedge fund boss Crispin Odey has lost a legal challenge to overturn his lifetime ban from the City for trying to “frustrate” investigations into sexual harassment allegations against him. A ruling by judges at the upper tribunal upheld the ban imposed by the Financial Conduct Authority (FCA) in March last year , while reducing a proposed fine of £1.83m to £1.53m. Continue...