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How financial institutions must handle diversity and inclusion reporting data

The Shard is seen on the horizon as commuters cross London Bridge during the morning rush hour.
Photo: Leon Neal/Getty Images

Guidance and next steps on FCA/PRA data reporting requirements.

The recent consultations published by the FCA (CP23-20: Diversity and inclusion in the financial sector – working together to drive change) and Prudential Regulation Authority (PRA) (CP18/23: Diversity and inclusion in PRA-regulated firms) mark progressive proposals for financial institutions in the UK.

The FCA’s 130-page consultation notes one of its

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