FRC publishes report on navigating the barriers to greater ethnic diversity on FTSE boards

The Financial Reporting Council (FRC) has published a report on ‘Navigating barriers to senior leadership for people from minority ethnic groups in FTSE 100 and FTSE 250 companies’. The aim of the report is to provide evidence on the challenges and opportunities that Black and minority ethnic individuals may experience in progressing to the boards of FTSE 100 and FTSE 250 companies and executive committee roles. Such challenges include being overlooked for promotion, overt and covert racism, and having to demonstrate higher standards, compared with colleagues from majority backgrounds, to progress or have the same development opportunities. The report also aims to identify good practice and assess its effectiveness in increasing the ethnic diversity of FTSE boards and ensuring a sustainable pipeline of talent from a range of ethnic backgrounds. The FRC have found that while there are still significant challenges to be addressed, the need for change has been taken seriously across the spectrum.

Contact Us

Please contact us for a free, initial telephone consultation with a barrister.

020 7459 4619

    Contact Us





    Latest News

    FCA issues policy statement with guidance on non-financial misconduct

    The Financial Conduct Authority (FCA) has published Policy statement PS25/23: Tackling non‑financial misconduct in financial services, following amendment of the Code of Conduct (COCON) and the Fit and Proper test for Employees and Senior Personnel (FIT) sourcebooks. The policy statement contains final guidance on serious non-financial misconduct (NFM) in the financial services sector, and aims… >>

    19 December 2025

    Employment Tribunals launch 18 explainer videos for unrepresented parties

    The President of Employment Tribunals (England & Wales), Judge Barry Clarke, has announced the launch of 18 explainer videos on YouTube aimed at improving access to justice by clarifying tribunal procedures and complex employment law for unrepresented parties. The initiative also seeks to help litigants present focused claims and responses, reducing case management time. This… >>

    12 December 2025

    Non-binary NHS worker loses claim over misgendering

    In Lockwood v Cheshire and Wirral NHS Foundation Trust (ET case numbers: 2401211/2024, 2407178/2024), an employment tribunal has rejected a non-binary National Health Service (NHS) worker’s complaint over repeated misgendering at work, ruling that protections under equality laws did not apply. Judge Nicky Benson ruled that Haech Lockwood, a Cheshire and Wirral NHS Foundation Trust… >>

    5 December 2025