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Sexual Harassment Financial Services Industry

WilmerHale

Sexism in the City

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#MeToo is still moving across the pond. On March 8, 2024, the House of Commons Treasury Committee published a report entitled “Sexism in the City” (referenced as “Report” in this article), which found that the...more

Latham & Watkins LLP

Government Report Finds Financial Services Sector Could Work Better for Women

Latham & Watkins LLP on

The Sexism in the City report highlights key issues affecting women in financial services and sets out a number of recommendations to address them. On 8 March 2024, the House of Commons Treasury Committee published its...more

A&O Shearman

UK Financial Conduct Authority proposes new rules and guidance on non-financial misconduct

A&O Shearman on

The UK Financial Conduct Authority's consultation on diversity and inclusion (D&I) in financial services proposes new rules and guidance on identifying and taking action in relation to non-financial misconduct such as...more

Mayer Brown

Not so 'plain and simple': the new draft FCA rules for non-financial misconduct

Mayer Brown on

In 2018, the UK's Financial Conduct Authority ("FCA") stated publicly that "non-financial misconduct is misconduct, plain and simple", emphasising their view that the Conduct Rules applicable to most employees within...more

Dechert LLP

FCA Proposes a New Regulatory Framework on Diversity and Inclusion

Dechert LLP on

The Financial Conduct Authority (FCA) is engaging with firms to improve diversity and inclusion in financial services. It has launched a consultation, CP23/20 Diversity and inclusion in the financial sector – working together...more

WilmerHale

Responding to Allegations of Non-Financial Misconduct: Getting It Right

WilmerHale on

The UK’s Confederation of British Industry (CBI), which provides a voice for UK corporates, is facing a crisis following recent serious and well-publicised allegations of sexual misconduct. At the time of writing, multiple...more

Robins Kaplan LLP

Navient to Forgive $1.7B in Loans Under Settlement Over Predatory Lending

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Former top student loan servicing giant Navient has “reached a $1.85 billion deal with 39 states to settle claims that it had made predatory loans that saddled borrowers with crushing debts they were highly unlikely to...more

Robins Kaplan LLP

Financial Daily Dose 11.13.2019 | Top Story: Buffeted by Changing Consumer Demands, Dean Foods Declares Bankruptcy

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Dean Foods, the largest milk company in the U.S., has filed for bankruptcy protection, a “fresh setback to a U.S. dairy industry struggling against declining U.S. milk consumption and rising competition.”  Industry experts...more

King & Spalding

What happens in Vegas...

King & Spalding on

Non-financial misconduct and the UK Senior Managers and Certification Regimen - The old adage goes that, “What happens in Vegas, stays in Vegas.” But, does this really hold true in the UK financial services sector?...more

Mitratech Holdings, Inc

9 Hot Q1 Headlines in Cybersecurity, Risk Management, and Data Governance

What are the biggest, most interesting stories in the ever-changing worlds of cybersecurity, risk mitigation, and information governance?...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Less than a day after the Journal reported that CBS and the Redstones are nearing a deal to resolve their many differences, we’ve learned that CBS chief Les Moonves—facing an investigation into alleged sexual harassment...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

As has been buzzed about for several months, music-streaming startup Spotify has officially filed [directly] a prospectus for its listing on the New York Stock Exchange....more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

US regulators have given passing grades to the living wills for all 8 major US banks, a reversal from the April 2016 determination that 5 of the 8 had deficiencies in their bailout-prevention plans....more

Epstein Becker & Green

Take 5 Newsletter - November 2017

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Five Issues in Focus for Financial Services - For this edition of the Take 5 for financial services, we focus on a number of very well-publicized issues. The tidal wave of sexual harassment allegations that followed the...more

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