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Financial Services Skills Commission responds to the FCA, PRA and Bank of England plan to improve diversity and inclusion in regulated firms

7 July 2021

Claire Tunley, Chief Executive, Financial Services Skills Commission comments:

 “The diversity and inclusion plan announced today sets out a number of ambitious proposals for firms to consider and although progress has been made, further action needs to be taken to mobilise the breadth of change required.

To further support firms on this journey, the Financial Services Skills Commission has developed an industry wide Inclusion Measurement Guide launching next week. This Guide closely aligns with the FCA, PRA and BoE regulatory roadmap, helping firms to better identify and build on existing inclusion data, measurement and analysis as well as consider non-visible diversity characteristics including socio-economic background and disability. This will direct firms towards a more inclusive, diverse working culture helping to attract and retain talent. We look forward to engaging with the FCA on this important plan in the coming months.”