#WorkingWorld
Whilst Sir Philip Green has described the use of parliamentary
privilege to reveal allegations of sexual harassment against him as
his "worst week", he may reflect that he is fortunate not
to be regulated by the Financial Conduct Authority
('FCA').
Earlier in the same month that the allegations against Sir
Philip were made public, the FCA announced that blowing the whistle
on sexual harassment would trump any confidentiality provisions a
bank might seek to impose on current and ex-employees.
After the last financial crash, concerns about
"culture" and "conduct" became central to the
regulators' attempts to clean up the City and its image. This
latest announcement by the FCA is clearly a response to the #MeToo
movement and an attempt to ensure that serial harassers do not move
unchecked from one work place to another.