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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.
14 Jun 2019
Further evidence of a culture of lewd behaviour at Lloyd's of London emerged this week after an executive was suspended after sending a sexually suggestive email about a female colleague.
30 May 2019
This HR-finance partnership is hugely valuable to organisations if they can get it right. But new research has revealed collaboration is proving difficult to instigate.
16 May 2019
Although 35% of UK businesses have no system in place for whistleblowing, a comparison with other economically similar nations in Europe shows that the UK is ahead of the curve.
10 May 2019
A former NatWest employee has won a £150,000 pay out after it emerged she was earning thousands of pounds less than a male colleague.
10 May 2019
How financial firms need to navigate the major data privacy implications of criminal records checks made necessary by the Senior Managers and Certification Regime
29 Apr 2019
There were 6,550 disability discrimination claims at employment tribunals last year, a 37% rise on the year before (4,770), according to Ministry of Justice figures.
15 Apr 2019
Nathalie Abildgaard who took on her former employer over sexual harassment has been paid £270,000 ($492,000) by the City firm, which opted to settle just prior to a further legal hearing.
15 Mar 2019
Dozens of FTSE 350 organisations, including household names such as Domino’s Pizza, JD Sports and Greene King, have been urged...
7 Mar 2019
The world's largest custodian bank and asset servicing company, the Bank of New York Mellon, has halted its plan to stop all 50,000 of its staff across the world from working from home.
7 Mar 2019
In a round table discussion at the UNLEASH Conference & Expo in London later this month, Metro Bank’s chief people...
19 Feb 2019
The Bank of England is seeing a disproportionate number of ethnic minority staff leave the organisation, with it admitting that...
15 Feb 2019
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
1 Feb 2019
A third of UK companies are looking to relocate abroad because of fears over Brexit.
An Institute of Directors (IoD)...
30 Jan 2019
Banking, financial and professional services companies used 2018 to “tie down” talent before the 2019 Brexit leave date, according to...