By Ruth Prickett2024-07-23T12:29:00
Compliance officers should take note of proposed laws in the U.K. with the newly elected Labor government setting the legislative agenda in the King’s Speech last week, promising consultations on enhanced employee rights and a higher minimum wage.
One significant change introduced is the Employment Rights Bill, which promises full employment rights to all workers from their first day.
“The devil will be in the detail, but this proposal will create challenges for employers who will have to consider how they onboard staff and their induction processes,” said Lorraine Laryea, chief standards officer at the Recruitment & Employment Confederation (REC). “This will make it more important than ever that they hire the right people.”
2024-12-10T17:23:00Z By Ruth Prickett
Earlier this year, amid then-Republican presidential candidate Donald Trump’s campaign promise to end taxes on tips in the U.S., the U.K. government introduced a new law to ensure that all tips are paid in full to staff, regardless of whether they were given in cash or by credit card. ...
2024-10-30T19:25:00Z By Ruth Prickett
Contract workers’ rights are in the spotlight in the U.K. and some EU countries as governments seek to end exploitative practices by eliminating zero-hours contracts, much to the chagrin of some business leaders.
2024-07-19T13:28:00Z By Neil Hodge
Within two weeks of gaining power, the U.K.’s newly elected Labor government has confirmed its intention to beef up the audit regulator and strengthen corporate governance.
2025-08-11T14:01:00Z By Aly McDevitt
A new memorandum from President Trump directs increased federal scrutiny of race- and sex-based admissions practices at colleges and universities, however, its implications extend beyond higher education.
2025-08-06T14:00:00Z By Adrianne Appel
The Treasury Department’s Financial Crimes Enforcement Network is delaying an upcoming requirement that investment advisors and realtors begin screening clients for money laundering and other illegal activity.
2025-08-01T22:31:00Z By Oscar Gonzalez
The Securities and Exchange Commission is taking its pro-crypto messaging on the road, planning a series of events for its Crypto Task Force that will be held across the U.S. starting on Aug. 4.
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