Blog

  • Blog

    A culture of respect needs the right tools as well as the right tone

    - by James Middleton

    This week saw the swearing-in of US President Joe Biden, who set a strong tone for inclusion and respect when he warned that any political appointee showing disrespect would be fired on the spot. Conduct is set out by your policies and codes and sets the framework and the boundaries for how your people are expected to behave in the workplace. But conduct doesn’t guarantee behavior – this is where culture comes in. 

  • Blog

    Misconduct reports to external bodies hit record high

    - by James Middleton

    The US Equal Employment Opportunity Commission (EEOC) had a bumper year in terms of payouts. The EEOC secured a record amount of recovery, more than $535m, for victims of discrimination in the workplace.

  • Blog

    Financial authority warns of misconduct risk among homeworkers

    - by James Middleton

    The UK’s financial watchdog this week warned that it is seeing an increased risk of financial misconduct among homeworkers due to a lack of oversight and controls over communication tools. 

  • Blog

    Big Tech faces more employee activism over misconduct handling

    - by James Middleton

    The Alphabet Workers Union aims to pressure the company to prioritize ethics in product development, and take reports of workplace misconduct, including diversity, pay discrimination, and sexual harassment, more seriously.

  • Blog

    Financial watchdog cracks down on non-financial misconduct 

    - by Neta Meidav

    Historically, national financial regulators such as the Financial Conduct Authority (FCA) in the UK have been less aggressive in pursuing ‘non-financial’ misconduct than in cases where a client’s money is at stake. But developments at the tail end of 2020 marked a sea change in the focus of the FCA, which we expect to see replicated globally. 

  • Blog

    Nasdaq sends strong signal on importance of diversity

    - by Neta Meidav

    In a filing with the US Securities and Exchange Commission (SEC) the proposal will require most Nasdaq-listed companies to have at least two diverse directors, including one who self-identifies as female and one who self-identifies as either an underrepresented minority or LGBTQ+. Companies that are not able to meet these requirements must be able to publicly explain why.

  • Blog
    EU Whistleblowing Directive

    Incoming changes to legislation make whistleblowing more rewarding

    - by James Middleton

    The Securities and Exchange Commission (SEC) will implement new rules to its whistleblower program on December 7, with the goal of increasing both the incentives and awards for external whistleblowers. 

  • Blog
    Jobs for the boys

    Breaking the status quo of gender harassment in business

    - by James Middleton

    Research published by the University of Sydney finds that women working in male-dominated industries – such as investment management, automotive, and airline pilots – encounter gender harassment on a daily basis. 

  • Blog
    esg

    Social and environmental risk is financial risk

    - by James Middleton

    A persistent misconception that is only being very slowly eroded is that prioritizing ethics comes at the expense of financial performance. But the evidence suggests this isn’t the case and ethical health is a good indicator of financial health. 

  • Blog
    Compliance is changing

    Compliance exceptions should not become the ‘new normal’

    - by James Middleton

    When the pandemic first hit businesses had to adapt to survive and as time goes on with no sign of a solution on the horizon many of those ‘quick fixes’ are still in place. But while it’s important for businesses and their respective functions to move with the circumstances, there is a clear requirement for Compliance functions to be aware of new or evolving risks those changes may have presented.