• Regulation

Banks and insurers report most sexual misconduct incidents among City firms

FCA received 37 sexual misconduct incidents between July 2021 and December 2022

FN previously revealed that the Financial Conduct Authority had received 189 complaints over non-financial misconduct since July 2021

Alamy

Sexual misconduct incidents are on the rise in the City, with banks and insurers being hit by the highest number of incidents.

A total of 37 reports of sexual misconduct have been logged by financial services firms to the UK watchdog between the third quarter of 2021 and the final quarter of 2022, according to Freedom of Information Act request from law firm Eversheds Sutherland for Financial News.

The...