What are the challenges in Financial Services in UAE?

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HireRight recently held a roundtable in the Middle East to discuss how global Financial Services regulatory changes may impact the region. The latest whitepaper, “The Big Screen” addresses the outcomes from the discussion, and points to areas that need to be addressed for the region to adopt best practice. The event made it evidently clear […]

The Impact of Global Regulation on UAE Financial Services

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With an increasingly globalised workforce, the talent pool for the UAE’s Financial Services sector is bigger than ever. But with the shadow of the 2008 financial crisis still hanging overhead, the increased level of choice comes with the need for even greater candidate scrutiny. Internationally regulators are raising the bar when it comes to accountability […]

Privacy S.H.I.E.L.D…the latest summer blockbuster

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It has taken two years but on 12 July 2016 the EU Commission finally adopted the adequacy decision on the Privacy Shield, and from 1 August 2016 entities will be able to certify with the US Department of Commerce. From a strategic perspective US companies (or EU companies doing business in the US) will be […]

2016 HireRight EMEA Employment Screening Benchmark Report

New Research: Trends in Temporary Employee Screening

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Most organisations have a solid process for screening and hiring new permanent staff. But what about temporary workers? Often the same level of diligence does not apply, with our research discovering that only 34% of contract and unpaid workers are screened, and just 19% of volunteers also undergoing checks. It is hard to pinpoint why […]

2016 HireRight EMEA Employment Screening Benchmark Report

Re-Screening Employees, What’s the Benchmark?

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Research from our latest benchmarking survey has revealed the different approaches to re-screening in EMEA. Businesses have to be aware of the threats posed not only by new hires, but also by existing employees. People who rise up through a company may have never been screened at a lower entry level, or things simply may […]

2016 HireRight EMEA Employment Screening Benchmark Report

Social Media Screening, Who’s Doing It? And Why You Shouldn’t

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Our latest benchmarking report gives insights into the social media screening policy of EMEA organisations. With the growth of social media in people’s everyday lives, the inevitable question is, what part does that play in recruitment? At what point do people’s personal profiles become important in hiring? Around the world businesses must now consider whether […]

Financial Conduct Authority

UK Financial Regulation – Regulated References and Other News

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We have been waiting for the regulators to publish their rules around regulated references and extending the new regime to cover different roles (algorithmic traders and client-dealing functions). They have published some updates but it will take a bit longer for us to know exactly what’s needed and implement everything following some recent updates from […]

Regulation Ready

Top 10 Tips on being FCA Regulation Ready

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HireRight recommends financial service firms take the following steps to mitigate the risk of falling below minimum standards and competitors: Plan – Have a plan for the next two years to ensure that you are ready not only for March 7 2016 but also 2017 when the rules are applicable more widely. Review your policies […]

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 […]