Non-financial misconduct has been on the Financial Conduct Authority’s (FCA’s) radar for many years. While historic statements and its recent consultation paper — released alongside the Prudential Regulatory Authority’s — set out a hard line on it, the regulator hasn’t forgotten how complex an issue misconduct can be.
No better is this illustrated than within a proposed carve-out to new guidance on conduct rules, which could take the nuance of neurodiversity into account.