The Financial Conduct Authority (FCA) has published targets for the Women in Finance Charter.
The regulator has also announced its Black, Asian, Minority Ethnic (BAME) targets for 2020 and 2025.
The FCA aims to ensure that 45% of the FCA senior leadership team will identify as female by 2020, and 50% by 2025, while 8% of the same team will identify as BAME by 2020, and 13% by 2025.
Andrew Bailey, CEO of the FCA, said: “Every day we make judgements and decisions that impact almost everyone in the UK so it’s vital that our people reflect the society that we serve. I am proud of the FCA’s work to date on diversity. Setting targets for the FCA Senior Leadership Team to be representative of the female and BAME UK populations is a logical next step.
“I believe that we are nothing without our people, and a workplace which combines talented people and diverse backgrounds is the best sort. Encouraging diverse attitudes and opinions in our daily work makes us a stronger and more effective regulator.”
As well as the EDC, the regulator has a number of Staff Network Groups that play an essential role in helping shape and deliver the FCA’s diversity and inclusion objectives. These groups are open to all and include BAME, disability, lesbian, gay, bisexual, trans (LGBT), women, faith, carers and international groups. These networks are provided with specialised training to help promote an inclusive work environment.
The FCA is currently in the top 40 of Stonewall’s top 100 LGBT friendly employers. It said it considered diversity issues when designing the new website to ensure that it gives users greater accessibility. The most popular pages are available in Welsh and we offer translated content in French, Spanish, Polish and Arabic. For users with disabilities and/or using assisted technology, the site is AA compliant.
