Employment Application

Nearly Two Thirds of Job Applications Contain Errors

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Almost two thirds (64 per cent) of job applications contained errors in 2015, according to new research by HireRight, the global candidate due diligence company. This represents an eight percentage point rise in the proportion of people, either deliberately or accidentally, including incorrect details when applying for a job (from 56 per cent in 2014). […]

Regulation Ready

What is the Elephant in the Senior Manager’s Room?

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The Senior Managers and Certification Regime, intended to improve standards and increase transparency and communication between the financial services industry and the regulators, are due to be implemented in just weeks. These rules make individuals accountable for their own behaviour and ensure that those with significant influence regularly undergo checks confirming they are fit and […]

Regulation Ready

Top 4 Concerns with the Senior Managers Regime

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Martin Wheatley, then FCA chief executive, introduced the Senior Managers Regime, Certification Regime and Conduct Rules with the certainty that: “Today we have given clarity on rules that will embed personal accountability into the culture of the City. New conduct rules will add further momentum to improving standards across the industry.” Yet key questions remain […]

Regulation Ready

How New Financial Services Regulation Affects You

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In 2013, the Parliamentary Commission for Banking Standards set out plans to improve professional standards and culture in the UK financial industry, promote transparency and increase communication. Following detailed consultation, these rules come into force in March, falling under three categories: Senior Managers Regime Certification Regime Conduct Rules According to the August 2015 FCA media […]

Did the Earth Move for You?

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2015, the year of seismic shifts in the privacy landscape. Let’s take a look back on 2015, here are some of the highlights: Hello to the General Data Protection Regulation (GDPR): the trilogue ended just before Christmas and we now have final agreement on the text of the GDPR which will replace the EU Directive. […]

3 Steps to Preventing a VW-style scandal

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Advice on how to keep your reputation intact Serious reputational scandals can have a dramatic financial impact on the business, damaging share prices, leading to job losses, or, in the infamous case of jewellery company Ratner, almost leading to total collapse. So what can companies do to prevent such a major issue from even taking […]

Financial Conduct Authority

Guilty Until Proven Innocent – Financial Services Update

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The latest development in the ongoing plans to implement the Senior Person’s Regime for Financial Services is that the Treasury has made a U-turn on its proposal to impose a ‘guilty until proven innocent’ approach. The so-called “reverse burden of proof” would have demanded senior bankers proved they were unaware of any wrongdoing at their […]

You’re Hired: Lessons to Learn from The Apprentice

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With the latest series of BBC’s The Apprentice wrapped up, there are a number of lessons to learn from this year’s winner – and losers. Lord Alan Sugar has named Joseph Valente as victor, winning him a £250,000 investment and a partnership to start up his own business, but is the TV show really representative of […]