FCA PS25/23: Why “Fit & Proper” checks are no longer just about financial misconduct
[vc_row columns=”1″][vc_column link=”%7B%22url%22%3A%22%22%7D”][vc_column_text] The Financial Conduct Authority has always required firms to ensure that employees performing regulated roles are “fit and proper”. Traditionally, this assessment focused on fairly familiar areas: criminal records, regulatory breaches, financial soundness, and professional competence. However, recent regulatory developments signal an important shift. With the publication of Policy Statement PS25/23, the … FCA PS25/23: Why “Fit & Proper” checks are no longer just about financial misconduct








