Rules will require hedge funds, insurers and pension firms to report all non-financial wrongdoing
The City’s largest hedge funds, insurers and pension funds are racing to prepare for sweeping rules that will stop nearly 40,000 companies from hiding bullying and harassment cases from the financial watchdog.
From the start of next month, the Financial Conduct Authority (FCA) will expand a crackdown on bad behaviour in the banking industry to a wider group of City investment firms and brokers.
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This article was originally published by The Guardian and written by Kalyeena Makortoff Banking correspondent.
Read original article on The Guardian