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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.
3 Dec 2019
TSB’s leadership team will have their bonuses docked after the firm failed to increase the proportion of women in senior...
2 Dec 2019
Consulting firm PwC has introduced new rules around when and where employees can drink alcohol in the office.
28 Nov 2019
Supreme Court hears final appeal in significant vicarious liability case with a verdict expected in February.
25 Nov 2019
TSB has announced plans for a radical shake-up that will see 82 branches close.
20 Nov 2019
Lloyd’s of London has launched an advertising campaign to encourage workers to speak up against unacceptable behaviour, after a survey...
14 Nov 2019
The world's largest sovereign wealth fund, has sold its shares in UK-based security company G4S because of the risk of human rights violations against its workforce in Qatar and the United Arab Emirates.
14 Nov 2019
A whistleblower alleges he has been subjected to a campaign questioning his motivations and mental health.
7 Nov 2019
Equity market opening hours should be shortened by 90 minutes to allow the trading sector to attract and retain a...
7 Nov 2019
KPMG this week signalled it is to slash its internal training team, which runs staff training for thousands of UK...
22 Oct 2019
Research by the Financial Reporting Council (FRC) has shown that the audit and accountancy profession is lagging behind business for...
7 Oct 2019
A huge cost-cutting exercise is planned at HSBC as reports suggest the bank is planning to axe 10,000 jobs worldwide....
4 Oct 2019
The UK's service sector, which makes up 80% of the country's economy, contracted in September prompting fears of a recession.
24 Sep 2019
Almost one in 12 workers at Lloyd’s of London have witnessed sexual harassment in the past year, prompting the world’s...
12 Sep 2019
A financial product manager for the French bank BNP Paribas has won her case for direct sex discrimination, victimisation and...