The Diversity Project hosted an event on 23rd May 2024 inviting Senior Executives from across the asset management industry to discuss the FCA’s CP23/20. The event was a business-driven discussion on the impact of the FCA’s proposals identifying key practical implications for asset management businesses and their leadership.
Facilitated discussions took place in respect of the business implications for the following areas: culture; governance and accountability; data; risk and compliance; and HR and legal.
This communique sets out core messages that came out of the facilitated discussions, with an emphasis on what was deemed as ‘new’ or ‘additional’ perspectives, taking into account that the FCA has already received over 250 responses to CP23/20.
