Preventing leadership scandals in Financial Services

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How can financial services companies prevent a leadership scandal? See advice from HireRight’s Steve Girdler in a recent article featured in Global Banking & Finance Review.

Some of the key points:

  • Britain’s largest banks have paid over £50bn over the last six years for misconduct, but are now beginning to rebuild their reputation.
  • The FCA’s new regulation has been put in place to crackdown on wrongdoing in the industry, but a different culture is needed to affect change.
  • Financial services companies must be consistent, vigilant and prepared to recruit the right leaders at the top.

See the full article here

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The HireRight Blog is provided for informational purposes only and should not be construed as legal advice. Any statutes or laws cited in this article should be read in their entirety. If you or your customers have questions concerning compliance and obligations under United States or International laws or regulations, we suggest that you address these directly with your legal department or outside counsel.

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