Financial services

While the usual UK employment laws apply to financial services employers, there are a number of key extra issues for them to deal with.

For example, individuals performing controlled functions must have approved person status, which is obtained by making an application to the Financial Conduct Authority and/or the Prudential Regulation Authority.

XpertHR provides HR information and guidance for employers in financial services.


sexual harassment case

Sexual harassment and the City: change is in the air

A claim of sexual harassment currently being heard at employment tribunal could end up leading to significant changes of behaviour and culture among City firms

Paris

Third of UK companies considering Brexit move abroad

1 Feb 2019

A third of UK companies are looking to relocate abroad because of fears over Brexit.
An Institute of Directors (IoD)...

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City employers used 2018 to tie down talent before Brexit

30 Jan 2019

Banking, financial and professional services companies used 2018 to “tie down” talent before the 2019 Brexit leave date, according to...

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City man stressed out financial services

Financial services stress levels at highest since crash

21 Jan 2019

The number of stress-related absences in financial services is higher now than in the immediate aftermath of the 2008 financial...

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Greening city

City of London to boost allure for firms with large-scale green plan

5 Nov 2018

Workers and companies in the City of London are to benefit from plans to improve office space flexibility, air quality...

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societe generale offices london

Fears over City jobs post-Brexit reignited by French bank

2 Nov 2018

Investment bank Société Générale is the latest large City employer to contemplate a shift of employees to the Continent.
With...

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Grant Thornton boss Sacha Romanovitch resigns after partner disquiet

16 Oct 2018

Sacha Romanovitch, the first female head of a major professional services firm, is to resign at the end of the...

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Financial services: How to resolve your top three HR challenges

30 Aug 2018

With Brexit looming and AI threatening to replace roles, assessment now has a broader role to play in resolving the...

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Finance leaders say AI will soon replace half of banking sector’s jobs

24 Aug 2018

A former Barclays chief executive has joined the Bank of England’s chief economist, Citigroup’s investment chief and other leading bankers...

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Top law firm points to lack of clarity over including partners in gender pay sums

3 Aug 2018

Leading UK-headquartered law firm Allen & Overy (A&O) has come under fire from MPs for failing to include £1.5m of...

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Staley, Barclays

Barclays CEO fined £642k over whistleblower probe

14 May 2018

Barclays chief executive Jes Staley was last week fined £642,430 for breaking rules by attempting to identify a whistleblower. The...

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Jes Staley

Barclays CEO faces fines after whistleblowing probe

20 Apr 2018

City regulators are set to fine Barclays chief executive Jes Staley over his investigation of a whistleblower who breached their...

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Public backs keeping workers’ rights from EU

20 Feb 2018

Britons overwhelmingly back keeping – often strengthening – workers’ rights derived from the EU post Brexit, according to research published...

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New corporate offence of failing to prevent facilitation of tax evasion

26 Sep 2017

A new criminal corporate offence of failing to prevent facilitation of tax evasion comes into effect on 30 September 2017....

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Clearscore

ClearScore CEO: Why my fast-growing company needs HR

16 Aug 2017

Credit checking company ClearScore is one of the UK’s fastest growing financial technology companies, doubling in size every six months....

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