financial services

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On 7 March 2016 the Senior Managers and Certification Regime (SM&CR) was introduced to improve accountability in the financial services sector.   The SM&CR applies to UK banks, building societies, credit unions, PRA designated investment firms and branches of foreign banks operating in the UK.  It consists of three elements: the Senior Managers Regime (SMR), the…

A number of developments in UK employment law are expected this year. This post takes a look at some of the key changes.

Mandatory gender pay gap reporting

In the UK, on average, women earn less than men. In order to address this issue, and following a lengthy consultation, draft regulations have been published which,…