Category Archives: City Regulation/Risk/FSA

Looking at City Regulation with an emphasis on the financial services sector.

Kraft takeover of Cadbury – Catalyst for consultation on proposed amendments to the Takeover Code

Kraft takeover of Cadbury – Catalyst for consultation on proposed amendments to the Takeover Code You may remember the public (and Trade Union) furore over Kraft’s takeover of Cadbury. The Takeover Panel has recently published a consultation on proposed amendments … Continue reading

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Filed under Ch ch ch changes, City Regulation/Risk/FSA, Politics

Fines for serious data protection breaches

The Information Commissoner’s Office has imposed two fines on Councils for serious breaches of the Data Protection Act 1998. Both breaches arose from the theft of a laptop holding unencrypted sensitive personal information. Ealing Council was fined £80,000. Hounslow Council was fined £70,000. Ealing … Continue reading

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Filed under City Regulation/Risk/FSA, Data Protection, HR Tips

Shared Parental Leave – what could it mean for the City?

The advent of shared parental leave will bring about a major cultural change.  HR practitioners will no doubt be keen to learn from countries that have already successfully implemented shared parental leave schemes such as Canada, and Denmark; and this … Continue reading

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Filed under Ch ch ch changes, City Regulation/Risk/FSA, employment law, Government proposals, HR Tips, Office Policies

A New Years resolution or a new problem?

A recent story from BBC news that UK banks are to pay billions in bonuses (although down from last year) has attracted a lot of media attention and I have been asked for my views: The reality may be that the … Continue reading

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Filed under Bonuses, City Regulation/Risk/FSA, Politics

FSA – Revising the Remuneration Code

In a July 2010 consultation, the FSA outlined its proposals to amend the Remuneration Code (“the Code”). The consultation contained a number of proposals which will bring more financial firms, and more highly paid employees, under its regime and seek to … Continue reading

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Filed under Bonuses, City Regulation/Risk/FSA