FCA responds to Sir Trevor Phillips questioning EDI delay

Nikhil Rathi, Financial Conduct Authority CEO

Financial Conduct Authority CEO Nikhil Rathi has said the Treasury Select Committee’s feedback on its diversity and inclusion proposals contributed to its decision to pause the work in response to statements from Sir Trevor Phillips.

On 8 May, Rathi confirmed to the Treasury Committee that the FCA would focus on prioritising its proposals on non-financial misconduct instead of diversity data collection and reporting, setting

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