The FCA’s Approach to Non-Financial Misconduct - Latest Cases and Observations

The FCA has long since regarded non-financial misconduct as potentially relevant to the integrity and reputation elements of a regulated individual’s fitness and propriety. While not formally defined, non-financial misconduct is generally regarded as encompassing activities such as non-financial indictable criminal offences, bullying, victimisation, harassment, discrimination and, broadly, any other non-financial-related conduct (whether in or out of the workplace) which calls into question a firm’s or an employee’s integrity or reputation.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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