Court rejected employee’s claims that permitting employees to speak only Japanese in business meetings, where individuals who do not speak Japanese are present and are without an interpreter, constitutes unlawful discrimination based on race/ethnicity.
Financial services firms regulated in the UK by both the Financial Conduct Authority and Prudential Regulation Authority have long caused confusion with their complex regulatory pay structures and infamous bonus cap.
On November 14, 2023, the FDIC published proposed revised regulations concerning Section 19 of the Federal Deposit Insurance Act, to conform with the Fair Hiring in Banking Act, which was enacted on and immediately effective as of December 23, 2022.
Governor Newsom signed Senate Bill 54, Fair Investment Practices by Investment Advisers, which requires venture capital firms to collect and report data on the demographic composition of the founding teams of the companies in which they invest.
President Biden signed a new whistleblower law that significantly increases the risk and cost of whistleblower claims for domestic and overseas financial services institutions that must be cognizant of anti-money laundering laws and regulations.
The FY 2023 National Defense Authorization Act loosens restrictions on hiring those with criminal records at FDIC-member banks and NCUA-insured credit unions.
A new rule will require employers with stock listed on a national security exchange to implement a policy that provides for the recovery of erroneous payments to current and former executive officers.
As companies focus on workforce inclusion, equity, and diversity (IE&D), they are under increasing pressure to assure that the membership of their boards reflects these values
