A group of the UK’s financial regulators have outlined a series of policy measures to improve levels of diversity and inclusion in the financial sector.

In a discussion paper published today (July 7), the regulators said that they did not intend to “prescribe a ‘one size fits all’ approach”, but believed policy nevertheless has an “essential part to play in driving change”.

The paper was published jointly by the Financial Conduct Authority, Bank of England and Prudential Regulation Authority.