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What a former FCA employee sees in the new non-financial misconduct rules

Maurice Ronet in 'Lift to the Scaffold' directed by Louis Malle
Photo: Les Nouvelles Editions de Films/Sunset Boulevard/Corbis via Getty Images

Firms are being asked to take the culture people bring with them seriously, without turning that into surveillance.

I spent years inside financial regulation, at the FCA and later at IOSCO. Working in regulation gives you a view across many firms, something people inside a single firm rarely have. You see the same patterns repeat, and the same gap between what a firm says about its culture and

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