Equality & Diveristy

The FCA employees key to their success as a regulator. They aim to promote a culture that enables colleagues to speak openly, encourages innovation and supports collaborative working. This helps them to:

• build capability
• enable their people to act decisively
• continuously improve how they operate

The FCA foster a diverse and inclusive workplace environment: one that’s free from discrimination and bias, celebrates difference, and supports colleagues to deliver at their best.

The DEI programme

In 2022, the FCA used an evidence-based approach to conduct a major review of their internal DEI work. Following this review, they launched a new internal DEI programme that will run from 2023 to 2026.

The objectives of the DEI programme are to:

• address areas of under-representation
• make adjustments to deal with imbalances and deliver fair and equitable outcomes for our people
• foster an inclusive work environment
• establish a strong accountability framework for progress against our DEI outcomes

The FCA priorities and outcomes

The FCA identified 4 priorities where they need to take action to have the greatest impact.

Each priority has associated outcomes describing where they’d like to be at the end of the 3-year period, including areas of success and progress measurements.

• Diversity: we promote diversity of thought, and we reflect the diverse lived experiences of the communities in which we work and the consumers we protect.
• Equity: we acknowledge that we don’t all start from the same place and that we need to make adjustments to address imbalances and deliver fair and equitable outcomes for our people.
• Inclusion: We have an inclusive culture where our people experience psychological safety and feel like they belong.
• Personal leadership and accountability: we are all accountable for delivering and embedding our DEI programme and our Public Sector Equality Duty (PSED) obligations.