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 […]

Ding dong, Safe Harbor is (effectively) dead…

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As expected, the Court of Justice of the European Union (“CJEU“) has declared EU-US Safe Harbor protocol to be invalid. The implications of this judgment are potentially wide-ranging and still being digested, and the precise parameters of the impact is expected to become clearer as additional guidance is provided by EU regulators.  Initial responses from […]

Candidate Health Check: Application Errors Up in 2015

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There has been an 11 per cent jump in errors on job applications compared to the same period last year, finds HireRight’s latest Candidate Health Check. During the second quarter of 2015, almost two thirds (63 per cent) of applicants provided incorrect details in areas including criminal records, previous employment, educational attainment and membership of […]