COCON 1.1.7FR
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Legal implications of the FCA’s new non-financial misconduct rule
New rule, COCON 1.1.7FR, expands the scope of COCON for non-banks in the context of NFM and comes into force on September 1, 2026.
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FCA moves to tackle non-financial misconduct at firms
Under the new rules, serious bullying and harassment in all regulated firms will qualify as misconduct.