Janette Lucas

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Better Late Than Never? The Financial Conduct Authority (FCA) Continues Its Crackdown on Non-financial Misconduct in Financial Services

On 2 July 2025, the FCA finally issued its long-awaited next steps document (CP25/18: Tackling non-financial misconduct in financial services) on the proposed new guidance on non-financial misconduct (NFM).  The document contains two key elements: Rule Change from 1 September 2026 – The FCA will extend its Code of Conduct Rules (COCON) to non-bank firms, following strong … Continue Reading

UK Executive Pay: greater rights for shareholders

The Department for Business, Innovation & Skills (BIS) has launched a consultation on measures to give shareholders of UK-incorporated quoted companies greater influence over executive pay, through enhanced voting rights. These proposals are just part of the Government’s attempt to address wider concerns that the link between pay and performance in some of our largest … Continue Reading
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