Diversity and inclusion proposals aim to cut groupthink


As the regulators have proposed new diversity and inclusion requirements for financial services firms, Grant Thornton looks at how these changes can improve culture and mitigate the risks of groupthink.

Historically, some firms have seen diversity and inclusion (D&I) as corporate buzzwords and a tick-box exercise. But the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) are reiterating the importance of diversity and inclusion, both as an integral element of a firm’s culture and to reduce the risk of groupthink.

Read more on their website.