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Radhika Bains

Senior Associate at Bank of England

Radhika Bains is a Senior Associate at the Bank of England within the Prudential Regulation Authority (PRA). She has experience in supervising insurance firms, having worked with both life sector and Lloyd's market insurers.1 Bains has contributed to various Bank of England projects, including preparations for EU withdrawal.2 Her role involves specializing in Brexit-related issues and contributing to the PRA's work.

Highlights

Oct 11 · linkedin

The PRA and FCA released their consultation papers on diversity and inclusion (D&I) in regulated firms.

While specific requirements will be proportionate based on a firm's size and type, the overarching messages are clear: the PRA and FCA expect firms to develop D&I strategies and targets, consider D&I in their board and firm-wide governance, and make relevant disclosures both externally and via regulatory returns.

This should not be seen as an HR exercise; firms will require a multi-disciplinary approach to meet the proposed requirements, with engagement expected at board level and from specific SMF holders.

See our article below for a summary of the proposals.

https://lnkd.in/gZ4ZpvcZ

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Radhika Bains
Radhika Bains, photo 1
Radhika Bains, photo 2
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Location

London, England, United Kingdom