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 […]

Russian Regulator publishes Data Localisation clarifications: one month to go…

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The long requested guidance to interpreting the Russian Data Localisation laws have now been released by the Ministry of Communications, just one month before the new law comes into force, which requires that organisations that collect personal data from individuals in Russia store that data within Russian territory. The guidance is non-binding, but these are […]

EU Data Privacy Reform Update: Make Mine A Skinny To Go…

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“…simplicity and flexibility are key…” if the new EU Regulation is to work as a long term framework for the protection of privacy rights, according to the European Data Protection Supervisor (EDPS). The EDPS strongly advocates a simple and clear text to enable controllers to easily understand their obligations, and its’ proposed text is 30% […]

EU General Data Protection Regulation: one small step for privacy, or a giant leap?

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In our blog post of 16 January 2015 HireRight reported on the progress of the EU data privacy reforms.  Excitingly, the Council of the European Union (“Council”) met their self-declared deadline of agreeing a general approach on the General Data Protection Regulation (“Regulation”) and announced on 15 June 2015 that “we have moved a great […]

Financial Conduct Authority

FCA and PRA publish final rules for new regulatory regimes

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On the 7th July 2015 the FCA and PRA published the final rules for the new regulatory regime for banks, building societies, credit unions and PRA-designated investment firms. These rules come into force on the 7th March 2016 and there is a timeline for implementation of various phases of these rules. Within this publication they […]

The Importance of employment references

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HireRight’s Becky Mossman, HR director EMEA/APAC comments “The important thing a reference does is confirm they are who they say they are. You will have looked at someone’s competencies at interview”.  She believes that a shorter probation period will confirm if a candidate fits the job role they have applied for. Click here to read […]