Join Robert Hunt, Christine Young and Jonathan Mattout in the first of two episodes on how to deal with witnesses and suspects. This first episode is focused on employment and the team discuss what issues should be considered, how we should deal with whistleblowers and witnesses, and what the employment options are when an employee has been found to have acted improperly. Continue reading
Tag: employment
Whistleblowing podcast: key developments and issues for financial services firms
The latest edition of our Regulation in Focus podcast series features Jenny Andrews, an Of Counsel in our Employment team and Charles McGrath, a Senior Associate in our contentious FSR practice in London. Jenny and Charles remind listeners about the statutory and regulatory whistleblowing framework in the UK before summarising some interesting recent case law developments and the key issues coming out of them that financial services firms need to be aware of. The discussion is moderated by Cat Dankos, the Regulatory Consultant in our London FSR practice. Continue reading
EU General Data Protection Regulation: Practical Steps for Employers
The General Data Protection Regulation ("GDPR") aims to harmonise data protection procedures and enforcement across the European Union. It will apply to all EEA countries and the companies that conduct business in them from 25 May 2018. New standards for consent, enhanced information rights and greater sanctions for data processors and controllers indicate a potentially significant impact for employers; companies should take steps now to prepare for the changes. But what steps should they take in light of the referendum result and the potential UK exit from the European Union?
This briefing from our Employment team focuses on the implications of the GDPR in the employment sphere and the practical steps that employers should take in relation to data protection in relation to recruitment, during employment and on termination of employment.
UK: FCA and PRA final rules on regulatory references: strengthening accountability in banking and insurance
The FCA and PRA have published new policy statements relating to regulatory references under the new accountability regimes for banks and insurers, which will come into force on 7 March 2017 (see FCA PS16/22 and PRA PS27/16).
Banks and insurers will have to comply with the new rules in the policy statements for all candidates being recruited to senior management functions, senior insurance management functions, FCA-controlled functions or significant harm functions from that date onwards.
The change will coincide with the implementation of the full certification regime and application of Conduct Rules to “other conduct staff”.
Please see our full briefing here for analysis of how this new regime will work in practice.