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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Ruth Prickett2024-03-28T13:59:00
Sexism, sexual assault, and bullying are rife at financial services organizations, according to a recent report by the U.K. Treasury Committee.
The report, published this month, identified serious crimes being hushed up and poor complaints procedures, as well as “tick box” diversity initiatives and little change in gender diversity and pay gaps at firms.
“It is shocking to hear how prevalent sexual harassment and bullying, up to and including serious sexual assault and rape, still are in financial services and how poorly firms handle allegations of such behaviors,” the Treasury Committee said. “We were particularly concerned to hear of the widespread misuse of nondisclosure agreements (NDAs).”
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2024-04-24T15:05:00Z By Kyle Brasseur
The U.K. Financial Conduct Authority reemphasized its desire to work with Big Tech firms to examine how their data might be useful to the financial industry.
2024-02-21T15:11:00Z By Ruth Prickett
Fines for employing people who do not have a legal right to work in the United Kingdom have risen, meaning employers who fail to carry out the required checks or neglect to re-examine the status of those on temporary work visas could face substantial penalties.
2023-10-11T18:57:00Z By Kyle Brasseur
Insolvent credit broker London Capital & Finance dodged a “substantial financial penalty” from the U.K. Financial Conduct Authority regarding promotions it used to market minibonds to investors.
2024-06-27T13:39:00Z By Adrianne Appel
Keeping track of regulations and understanding how they affect your business can be a hot mess without proper organization and collaboration, experts said at Compliance Week’s Women in Compliance Summit, held June 3-4, in Atlanta.
2024-06-14T12:08:00Z By Adrianne Appel
Attendees at Compliance Week’s Women in Compliance Summit discussed strategies for confronting bias against Black, indigenous, and people of color professional women working in compliance and risk.
2024-05-21T18:04:00Z By Aaron Nicodemus
Martin Gruenberg announced he will step down as chairman of the Federal Deposit Insurance Corporation following the release of an independent review that criticized the agency’s lack of response to employee claims of sexual harassment and discrimination.
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