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.


Greening city

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

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

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...

Continue Reading Comments { 0 }

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...

Continue Reading Comments { 0 }

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...

Continue Reading Comments { 0 }

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...

Continue Reading Comments { 0 }

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...

Continue Reading Comments { 0 }
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...

Continue Reading Comments { 0 }
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...

Continue Reading Comments { 0 }

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...

Continue Reading Comments { 2 }

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....

Continue Reading Comments { 0 }
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....

Continue Reading Comments { 0 }

Five key compliance challenges for HR

29 Jun 2017

HR departments face a constant barrage of new regulation and compliance requirements, and forthcoming developments such as GDPR will add...

Continue Reading Comments { 0 }
whatsapp-workplace

WhatsApp and confidential data: where to draw the line with social media

18 May 2017

An investment bank employee has been investigated by the Financial Conduct Authority (FCA) after sharing confidential client information over WhatsApp....

Continue Reading Comments { 0 }
regulatory-references

Senior Managers Regime: New rules on references from 7 March

1 Mar 2017

New rules regarding references in the financial services industry come into force on 7 March as part of the Senior...

Continue Reading Comments { 0 }
whistleblowing-financial-services

Financial services whistleblowing regime comes into force

7 Sep 2016

New whistleblowing rules come into force today that apply to banks and building societies, and some investment and insurance companies....

Continue Reading Comments { 0 }