Context
Jonathan Davidson, Executive Director of Supervision – Retail and Authorisations, gave a speech at the 6th Annual Culture and Conduct Forum for the financial services industry on 26th November 2020.
Key points to note
- Culture remains a key area of focus for the FCA
- During the pandemic financial services firms have supported consumers
- Firms need to break barriers around diversity and inclusion, climate change and sustainability
- Firms with healthy cultures will be better placed to tackle the challenges
- The FCA is going to restructure to integrate the supervision and policy functions to take a holistic view and approach to the challenge of making financial markets work better