FCA: CP25/18: Tackling non-financial misconduct in financial services

Further to CP23/20, FCA has now confirmed final rules which extend existing non-financial misconduct rules in banks to non-banks.  FCA is now consulting on whether further guidance would be helpful and proportionate for firms as they implement the rule change. It has taken onboard feedback on its previous draft guidance.  The draft guidance covers how firms should consider non-financial misconduct when assessing whether an individual is fit and proper to work in financial services. This includes how firms should consider use of social media and the relevance of behaviour in private and personal life.  Responses are required by 10 September 2025.