07:26 AM EDT, 05/22/2024 (MT Newswires) -- Barclays ( JJCTF ) is reportedly planning to require scores of workers to be in the offices five days a week, Bloomberg reported, citing people with knowledge of the matter.

The move comes after the Financial Industry Regulatory Authority adopted new rules that would require brokerages to list some home offices in regulatory records and set up regimes for some home offices to satisfy periodic workplace requirements for inspections. The new rules are scheduled to come into effect in the coming weeks.

The report said some firms may see the new rules, designed to provide more flexibility for remote work, as additional compliance rules, and therefore may require employees to commutte to offices. One of the sources said Deutsche Bank ( DB ) executives expect the firm can comply with Finra's new requirements without a major change in its work-from-home protocols.

Barclays ( JJCTF ) didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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