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FCA’s new rules on NFM: Assessing issues in an employee’s private life

Office summer party at Shoreditch House in London, England.
Photo: David M. Benett/Getty Images for Warners & GQ

In this second article in our series, we look at when behavior in an employee’s private life might become a regulatory issue.

The FCA’s new rules on non‑financial misconduct come into force on September 1, 2026. The new rules and guidance give rise to some challenges for HR professionals in assessing when misconduct in an employee’s private life becomes a regulatory issue. 

Why does the FCA consider that an individual’s private

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