Employment Law, APP Fraud, and the latest FS Jobs
Our monthly digest to help you digest your coffee ? Take a break from emails, pause the office banter, delay that meeting for a couple of minutes...
Top Tip
You don't need magical powers to get ahead of the game ??
The new Labour government have proposed an array of employment law reforms with the aim of strengthening workers' rights. These changes will have wide-reaching impacts on the employment market and will affect every business.
?? Sounds scary... Are you prepared?
Changes will include protecting employees from unfair dismissal from their first day of employment, introducing a "right to disconnect," and paying statutory sick pay from day one of sickness.
While most of the reforms will take some time to come into play, it's advisable for organisations to start preparing now to ensure their policies and practices are compliant with the new regulations when they come into effect.
Read all about the planned reforms, what to expect, and how to get ahead of them in our article - Employment Law Reforms: What you need to know >
Ask the Experts
One of the 21st century's biggest villains - payment fraud ???♀?
As of October 7 2024, new UK government regulations mandate that payment service providers reimburse victims of Authorized Push Payment (APP) fraud.
Speaking about the situation, Andy Hodson , MERJE’s Business Manager in Financial Crime and Fraud, said:
“The onus is now very much on banks to ensure they have the right levels of staffing within fraud prevention - such as MRLOs - and also that they have APP expertise within their function. This is all with a view to keep up with the demands, rigours and challenges that this new legislation poses while mitigating passing on any financial risk or detriment to the wider business and their customers.”
Read Andy's full exploration of the updated regulations here >
What did you say?
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"I worked with Richard Abelson and Michael Ayres to find a new role. Their knowledge of the client, transparency, and regular communication was absolutely outstanding. Top class service."
Senior Risk Oversight Manager, Building Society
Richard and Michael specialise in mid-senior and c-suite Risk and Compliance roles across the north of the UK, each with 20-25 years of experience delivering successful recruitment assignments in the industry. Give them a call ??
Pet of the Month
This month's pet portrait is our Head of Business Support Jo Donlon 's VERY scary Buzz, ready for some trick or treating ??
Hot Jobs
Thanks for tuning in, we hope you enjoyed your coffee break! See you next month for more of the same ??
If you'd like to discuss your career or hiring needs, get in touch with our expert team here.