Make Work Pay: draft code of practice on trade union right of access
RegCanary analysis of a DBT publication
Why it matters
RegCanary's analysis of what this means for regulated firms.
For financial services firms, this represents a significant employment relations development requiring compliance attention. While primarily affecting HR and operational teams, compliance functions should monitor implementation to ensure alignment with existing regulatory obligations around conduct risk and operational resilience. Firms should review consultation responses to anticipate final requirements, particularly regarding access protocols, notification procedures, and dispute resolution mechanisms.
The code may increase administrative burdens for firms with unionized workforces, necessitating updated policies and training programs. Compliance teams should coordinate with HR to assess current practices against draft standards and prepare for potential changes to workplace governance structures.
Who this affects
Sectors and firm types identified in the analysis.
- Banking
- Insurance
- Investment Management
- Payment Services
- Fintech
- Wealth Management
- Corporate Finance
- Market Infrastructure
Source
DBT
Original publication, 30 October 2026
Read the original publication gov.ukThis is RegCanary's analysis, not the regulator's text. It summarises and interprets the publication above; it is not the DBT's original wording, and it is not legal advice. Always rely on the original source.