The new rules on non-financial misconduct (NFM) come into force on 1 September 2026. NFM – which the FCA defines to include bullying, harassment, discrimination, and violence – is now a regulatory risk.
We released a podcast mini-series (four short episodes; start with this one on Spotify or Apple Podcasts) summarising the regulatory framework, employment law implications, and the critical role of workplace culture in preventing and addressing NFM. Following a request from clients, we’ll also be running a roundtable in April as a forum to share best practices (invite to follow).
Click here to view our steps plan to ensure you have foundations for compliance in place. These workstreams need not be expensive, and we are already working with firms to adapt their existing frameworks to cater for the NFM rules.
Investors with financial services firms in their portfolio should also reach out to relevant stakeholders to make sure the portfolio company is taking necessary steps.
We would love to connect to discuss how we might best be able to support you.
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