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The increasingly urgent push for D&I equity in financial services

The FCA’s latest discussion paper on diversity and inclusion in financial services outlines what needs to happen to improve representation, but how will it work in practice?

Following on from its work on climate change and sustainability in financial services, the Financial Conduct Authority (FCA) turned its attention to diversity and inclusion (D&I). Its discussion paper, introduced in early July, draws together many threads of diversity and inclusion to create a more holistic look at the issue and how financial services firms should address it.

Amarjit Singh is EY’s EMEIA blockchain assurance leader, chair of ICAEW’s Investment Management Committee, and an active supporter of EY’s diversity and inclusion efforts. He believes that taking a holistic approach is the right one and that the paper strikes the right balance between minimum standards and flexibility. Where firms will struggle, he says, will be in collecting and reporting on diversity data.

Read the ICAEW's insight in full by clicking here.


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