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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Neil Hodge2022-09-30T18:59:00
A recent tribunal ruling against Commerzbank in a case brought by a compliance officer serves as reminder employers should be careful to not make “stereotypical” assumptions about what tasks pregnant female staff or those returning from maternity leave can or should perform, legal experts said.
The London branch of the German bank was found to have discriminated against employee Jagruti Rajput for effectively sidelining her when she returned from maternity leave, a U.K. employment appeal tribunal upheld. The latest judgment in the case was made public Sept. 23 after a tribunal’s earlier ruling in Rajput’s favor was challenged.
Rajput, a senior compliance officer at Commerzbank, complained a substantial part of her work had been given to a male colleague without her knowledge or consent as she returned from maternity leave, and that he was then treated as a senior member—referred to as the “point person”—of the team. She also complained she had been left out of two team meetings: one while she was on maternity leave and another after she had returned to work.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-08-02T20:37:00Z By Jeff Dale
A former risk and compliance officer at National Westminster Bank was awarded nearly £88,000 (U.S. $112,000) after a U.K. employment tribunal found she was unfairly dismissed and discriminated against during her sick leave for colon cancer.
2024-10-23T15:45:00Z By Adrianne Appel
Banks, credit card companies and other financial mainstays will be required to comply with new data privacy and retail account portability regulations under a sweeping rule issued Tuesday by the Consumer Financial Protection Bureau (CFPB).
2024-10-22T16:08:00Z By Aaron Nicodemus
Fund management company WisdomTree will pay $4 million to settle allegations by the Securities and Exchange Commission that it improperly invested in fossil fuel and tobacco companies in environmental, social and governance (ESG) funds despite promising to avoid them.
2024-09-17T16:16:00Z By Neil Hodge
Company training has always been equal parts important and annoying. But a recent inquest found some eLearning courses fail to warn companies when employees struggle through education and testing. For 13-year-old Hannah Jacobs, the consequences ended with her death.
2024-09-12T16:10:00Z By Aaron Nicodemus
Norfolk Southern Corp., the railroad still cleaning up the environmental and financial damages caused when one of its trains derailed in a small Ohio town, has fired its top executive and chief legal officer after concluding they had an affair that violated company policies.
2024-08-21T15:29:00Z By Ruth Prickett
Julie Ampadu, chair of the U.K.’s Association of Professional Compliance Consultants, spoke to Compliance Week about why culture is the biggest issue facing financial services firms.
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