FCA (Financial Conduct Authority)
Last week, we reported that the Financial Conduct Authority had issued new rules about its requirements for listed companies to report on the proportion of women on corporate boards, scrapping its earlier proposal for this to be based purely on gender self-identification. The new regulations let companies choose whether to report...
29th April 2022
The Financial Conduct Authority has left it up to companies to determine how they define “men” and “women” in their diversity reporting. This briefing aims to assist boards in complying with the new regulations. We recommend the simplest, clearest, most neutral and most coherent approach: reporting based on sex.
The Financial Conduct Authority has issued new rules requiring listed companies to report on the proportion of women on corporate boards, scrapping its earlier proposal to require this to be based on gender self-identification. 439 people and organisations (over 80% of respondents) raised the issue of gender vs sex...
20th April 2022
Sex Matters in the City
16th December 2021
The Financial Conduct Authority’s proposal for monitoring diversity and inclusion is well intentioned, but flawed. Sex Matters and Legal Feminist outline the practical and legal problems in abandoning sex-based monitoring for the controversial concept of “gender identity”, and suggest a better solution.
The Financial Conduct Authority is the regulator for the financial services sector in the UK. They are proposing to set new rules to encourage big companies to have more “female” directors on their boards. The new regulations would cover over 1000 firms, employing tens of millions of people, and...
19th October 2021