Context
The CII has called on its members and the wider insurance profession to uphold the highest standards of behaviour following the publication of the FCA’s findings into culture and non-financial misconduct. The CII says that it “will write to members emphasising importance of adhering to Code of Ethics”.
Key points to note and next actions
- The CII requires all its members to adhere to its Code of Ethics.
- The CII’s press release says that the FCA’s survey results make for uncomfortable reading, but equally highlight an opportunity for the insurance professions to make a real difference.
- The CII supports what the regulator is seeking to achieve: professions in which everyone can thrive, regardless of their background, and workplaces that are conducive to professional success by eliminating conduct and behaviours that can stifle, harm and obstruct careers.