FCA reports on efforts by wholesale banks to improve conduct and culture

Regulatory Updates | 29/05/19

The Financial Conduct Authority has published a report as part of its ‘5 Conduct Questions’ programme to drive cultural change in wholesale banks, feeding back on the ‘Progress and challenges’ of firms working to improve their policies, processing, training and identification of conduct risk. The report covers around 50 companies, with the findings relevant for all financial sector firms, according to the FCA.