Shaun Hurst’s Post

Principal Regulatory Advisor

8mo Edited

At the forefront of ethical communication and non-financial misconduct, the recent updated policy statements from the FCA has sparked crucial discussions. Listen to my take on this significant FCA pivot. ...and do you want to hear the types of AI biases compliance teams should watch out for when deploying models for surveillance? Register here for FStech RegTech Live on 27 Feb and join me on The AI Revolution panel with the Financial Conduct Authority, BNP Paribas and techUK to continue the conversation. https://lnkd.in/eHVVUM_W #SexismInTheCity #FCA #EthicalAI #RegTech #ConductRisk

Transcript

In the wake of the financial conduct authorities, upcoming policy statements is crucial for financial firms to scrutinize their approach to monitoring communications. This is in light of a renewed focus on non financial misconduct, including bullying, sexual harassment and discrimination. Such behaviours not only tarnish individuals professional image but can also significantly impact their fitness and propriety within the sector. With the FCA expanding its regulatory scope to explicitly include these types of misconduct, it underscores the importance of. Fostering a culture where ethical communication is paramount, this shift signals A broader commitment to ensuring the financial industry is not only diverse and inclusive, but also respectful and professional at all levels. As these regulations take effect, firms must proactively adapt their policies and practices to mitigate risks and uphold the highest standards of conduct.

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Shaun Hurst

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