About This Sector
Financial services firms, banks, insurance companies, and investment managers operate in high-pressure environments where workplace stress is a significant and growing health and safety risk. The FCA and PRA require regulated firms to have adequate systems and controls, and health and safety compliance increasingly falls within the scope of operational resilience expectations. Arinite provides Chartered health and safety consultants who understand the specific risk profile of financial services, from trading floors to regional branch networks.
Sector-Specific Regulations
The Health and Safety at Work Act 1974 applies to all financial services employers. The Management of Health and Safety at Work Regulations 1999 require risk assessments including psychosocial risks such as workplace stress. HSE's Management Standards for Work-Related Stress provide the framework for assessing and managing stress in the workplace. The Health and Safety (Display Screen Equipment) Regulations 1992 require DSE assessments. The Regulatory Reform (Fire Safety) Order 2005 requires fire risk assessments. For firms operating internationally, local occupational health and safety legislation applies in each jurisdiction.
Common Compliance Failures We Find
These are the health and safety failures Arinite's consultants find most frequently in this sector:
No stress risk assessment despite operating in a sector with consistently high rates of work-related stress and anxiety.
DSE assessments not conducted or not updated for employees who have moved to hybrid or home working.
Fire risk assessments that do not account for high-density open-plan floors or trading environments.
No health and safety arrangements for client-facing staff in branch or advisory settings.
International offices operating with no local health and safety compliance whatsoever, relying on UK arrangements alone.
No competent person appointment. Most financial services firms rely on facilities management to handle health and safety without formal appointment or qualifications.
Our Services for This Sector
Arinite's financial services health and safety services include comprehensive risk assessments covering office, branch, and trading floor environments, stress risk assessments using the HSE Management Standards framework, DSE assessments for office-based and home-working employees, fire risk assessments for high-density office premises, competent person appointment, international health and safety compliance for multi-country operations, health and safety audits tailored to financial services risk profiles, and health and safety software for managing compliance across multi-site and multi-country operations.
Book a Free Finance Gap Analysis Call
Book a free gap analysis call with one of our Chartered health and safety consultants. In 30 minutes, we will assess your current finance and banking health and safety arrangements and identify the compliance gaps that matter most.
