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FCA announces a Memorandum of Understanding between the FCA and the Equality and Human Rights Commission (EHRC)

Link(s): Memorandum of Understanding between the FCA and the Equality and Human Rights Commission (EHRC)

Context

On Friday 19th February the FCA and the EHRC entered into a Memorandum of Understanding, which sets out a framework to support the working arrangements between the Financial Conduct Authority (“FCA”) and the Commission for Equality and Human Rights (“EHRC”). The strategic partnership, as outlined in this MoU, aims to support the FCA and EHRC in effectively and transparently meeting their obligations under the Equality Act 2010, and will help to protect people in financial services markets.

The FCA and the EHRC recognise that their roles are distinct, but work may cover common ground and address similar issues. This MoU reflects the current working relationship and promotes ongoing liaison and co-operation between both organisations. 

Next actions

None directly, but firms should be aware of the nature of the engagement between the FCA and the EHRC.