FCA steps up D&I reporting for listed companies and sets first targets

The FCA issued a policy statement on 20 April 2022, confirming it is introducing diversity and inclusion (D&I) rules requiring UK listed companies to report information and disclose against targets on the representation of women and ethnic minorities on their boards and executive management teams.

The rules will apply to companies with premium or standard listings of equity, for financial accounting periods starting from 1 April 2022. In response to industry feedback, the FCA is giving firms more flexibility in how they collect and report the data.

Download this At a glance to see a detailed summary of the new rules and what they mean for firms.