News & Analysis as of

Diversity Banking Sector

Nelson Mullins Riley & Scarborough LLP

[Event] Fintech Banking School - August 26th, Atlanta, GA

Join Us for Fintech Banking School - Nelson Mullins’ Financial Regulatory Team cordially invites you to Fintech Banking School on August 26, as a kickoff to Fintech South 2024, the largest Fintech conference in the...more

WilmerHale

Sexism in the City

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#MeToo is still moving across the pond. On March 8, 2024, the House of Commons Treasury Committee published a report entitled “Sexism in the City” (referenced as “Report” in this article), which found that the...more

Latham & Watkins LLP

Government Report Finds Financial Services Sector Could Work Better for Women

Latham & Watkins LLP on

The Sexism in the City report highlights key issues affecting women in financial services and sets out a number of recommendations to address them. On 8 March 2024, the House of Commons Treasury Committee published its...more

A&O Shearman

D&I in FS: how to get a head-start on the FCA and PRA proposals

A&O Shearman on

This is the last post in our series on the UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) proposals to introduce a new regulatory framework on diversity and inclusion (D&I) in the financial...more

A&O Shearman

UK regulators expectations on governance and DI within financial services firms

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The recent proposals from the UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) on diversity and inclusion (D&I) include proposals in respect of governance and oversight within in-scope firms....more

A&O Shearman

D&I as a non-financial risk: considerations for control functions

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Proposals from the UK financial regulators aimed at improving diversity and inclusion (D&I) in the UK financial services sector include an explicit expectation for all in-scope firms to consider a lack of D&I as a...more

A&O Shearman

UK FCA and PRA proposals for improving D&I: Senior Manager responsibility and oversight

A&O Shearman on

The latest proposals for improving diversity and inclusion in the UK financial services sector, published by the Financial Conduct Authority and Prudential Regulation Authority, include changes that will impact Senior Manager...more

A&O Shearman

DI in FS - senior management responsibilities and oversight

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The Financial Conduct Authority (FCA) and Prudential Regulation Authority’s (PRA) recent proposals demonstrate a divergence in approach when it comes to individual accountability and expectations of senior management in...more

A&O Shearman

D&I in FS: new rules and guidance on non-financial misconduct

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The FCA is focused on reducing non-financial misconduct to enhance the reputation of the UK financial services sector. Spurred on by positive levels of engagement with its 2021 discussion paper, the FCA’s latest consultation...more

A&O Shearman

Tracking and improving inclusion in financial services: practical challenges and how to navigate them

A&O Shearman on

The latest UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) proposals for improving diversity and inclusion in financial services include requiring firms to report on six new inclusion metrics....more

A&O Shearman

D&I in financial services: UK proposals for mandatory data reporting and public disclosure

A&O Shearman on

Post six in our blog series on the UK Financial Conduct Authority and Prudential Regulation Authority proposals to improve diversity and inclusion (D&I) in UK financial services considers the D&I data firms would be required...more

A&O Shearman

FCA and PRA DI Proposals - Balancing data protection considerations against D&I reporting duties

A&O Shearman on

The latest post in our blog series looking at the UK Financial Conduct Authority and Prudential Regulation Authority proposals to improve diversity and inclusion (D&I) in the financial services industry focusses on data...more

A&O Shearman

D&I disclosures: what D&I information will the UK regulators expect financial services firms to disclose?

A&O Shearman on

The UK financial services regulators’ proposals for creating a new regulatory framework for diversity and inclusion (D&I) in financial services include proposals that in-scope firms report various aspects of their D&I data on...more

A&O Shearman

D&I in FS: Data protection and D&I reporting

A&O Shearman on

The UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) are consulting on proposals to introduce a new financial services regulatory framework on diversity and inclusion (D&I) in the financial...more

A&O Shearman

Setting D&I targets: what the UK regulators expect from financial services firms

A&O Shearman on

The UK financial services’ regulators have introduced new proposals on setting diversity and inclusion (D&I) targets by firms. These proposals aim to address underrepresentation of particular demographics within firms and the...more

Akin Gump Strauss Hauer & Feld LLP

FCA and PRA Publish Consultation on New Rules Relating to Diversity and Inclusion

Key Points - -Following a joint Discussion Paper in 2021 issued by the UK Financial Conduct Authority (FCA) and the UK Prudential Regulation Authority (PRA), both regulators have now issued Consultation Papers proposing new...more

Nelson Mullins Riley & Scarborough LLP

[Webinar] FinTech University: Diversity in FinTech - September 5th, 2:00 pm - 3:00 pm EDT

Join us for the next edition of FinTech University as we focus on Diversity in FinTech. This webinar will examine diversity, equity and inclusion efforts within the FinTech industry. Experienced Nelson Mullins attorneys Erin...more

Nelson Mullins Riley & Scarborough LLP

[Webinar] FinTech University: The Business Case for Women in FinTech - September 13th, 2:00 pm - 3:00 pm EDT

Join us for the next edition of FinTech University as we focus on leveraging gender diversity to enhance the performance of FinTech companies. Experienced Nelson Mullins attorneys Katherine Baker and Erin Kolmansberger and...more

BCLP

Banking Bites - May 2022

BCLP on

Welcome to Banking Bites! This is our short summary flagging key developments in the UK that we hope will inform your activities in your market....more

McDermott Will & Emery

[Virtual Event] Breaking FinTech’s Glass Ceiling: Women in FinTech Networking Series - April 20th, 11:00 am EDT

Research shows that companies with at least one woman on the board perform 26% better than those with male-only boards, but women make up only about 20% of C-Suite representation in FinTech. In this male-dominated industry,...more

Nelson Mullins Riley & Scarborough LLP

[Event] Women in FinTech (“WinFin2022”) - March 31st, Miami, FL

Join Nelson Mullins’s Women in FinTech (“WinFin”) Group for the inaugural WinFin Conference. The panel of nationally recognized thought leaders will share insights on FinTech’s global development. As we celebrate Women's...more

Katten Muchin Rosenman LLP

Global Financial Institutions Legal Departments Share D&I Successes and Lessons Learned

In 2020, during the midst of the Covid-19 pandemic, a rapid succession of events forced Americans to take a hard look in the mirror regarding systemic racism. Profound national conversations ensued. Many in the financial...more

Latham & Watkins LLP

UK Regulators Launch Discussion on Diversity and Inclusion

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Discussion Paper opens debate on potential new rules to improve diversity in financial services. On 7 July 2021, the FCA, the PRA, and the Bank of England published a joint Discussion Paper on diversity and inclusion in...more

Wiley Rein LLP

From Tulsa to Now: Dismantling Systemic Racism in Our Financial Systems

Wiley Rein LLP on

This is the inaugural episode of Fintech Partner Antonio Reynolds’ podcast series “Fintech Noir.” In this episode, Wiley Chief Diversity Officer Rashida MacMurray-Abdullah sits down with Antonio Reynolds to discuss the...more

Troutman Pepper

Regulators Continue to Take on Diversity

Troutman Pepper on

If it were not for the word “coronavirus,” the word of the year might have been “diversity” — the social unrest in 2020 pushed diversity and inclusion matters to the forefront of private and public institutions alike, and has...more

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