News & Analysis as of

Employment Discrimination Financial Services Industry

Ropes & Gray LLP

FCA Releases New Rules And Draft Guidance In The Fight Against Non-Financial Misconduct

Ropes & Gray LLP on

The Financial Conduct Authority's (FCA) long-awaited new measures for tackling non-financial misconduct (NFM) in financial services are (finally) here. On 2 July 2025, the FCA published its final rules in Consultation Paper...more

BCLP

FCA Draft Guidance on Non-financial Misconduct Published Today

BCLP on

The Financial Conduct Authority (FCA) has published its most recent paper on non-financial misconduct (NFM), clarifying its expectations on bullying and harassment in financial services....more

Troutman Pepper Locke

President Trump Issues Executive Order to Eliminate Disparate Impact Analysis

Troutman Pepper Locke on

President Donald J. Trump issued an executive order titled “Restoring Equality of Opportunity and Meritocracy.” This order aims to eliminate the use of disparate impact liability in all contexts, emphasizing the importance of...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Employment Flash - April 2025

In this issue, we discuss the UK government’s various significant amendments to the Employment Rights Bill; a Court of Appeal ruling that highlights the challenges for employers in balancing competing beliefs in the...more

Katten Muchin Rosenman LLP

UK Financial Insights from Katten | Issue 20

UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe....more

Troutman Pepper Locke

New Jersey Division on Civil Rights Issues Finding of Probable Cause Against Consumer Financial Services Company for...

Troutman Pepper Locke on

On March 11, New Jersey Attorney General (AG) Matthew Platkin and the New Jersey Division on Civil Rights (DCR) announced that DCR issued a finding of probable cause against Advance Funding Partners/Same Day Funding (Advance...more

Mayer Brown

Applying the Enterprise Risk Mindset to AI

Mayer Brown on

Artificial intelligence (AI) and other emerging technologies have the potential to revolutionize the financial industry. At the same time, its use introduces new risks that need to be anticipated and addressed. This paper...more

Epstein Becker & Green

Ban-the-Box Measures Headed for the Financial Services Industry

Epstein Becker & Green on

In recent years, advocates and lawmakers have been pushing to expand the reach of “ban-the-box” measures designed to remove job barriers for individuals with criminal convictions....more

BCLP

UK HR Two-Minute Monthly: March 2024

BCLP on

Our March update includes a case on whether a theatre and agency could dismiss an actor playing a lesbian role because of her devout Christian beliefs, and a case looking at whether an employee who spends virtually all her...more

Ballard Spahr LLP

CFPB Agrees to Pay $6M to Settle Discrimination Claims by Black and Hispanic Employees

Ballard Spahr LLP on

After nearly a decade of litigation, Judge Beryl A. Howell of the U.S. District Court for the District of Columbia has approved the Consumer Financial Protection Bureau’s $6.0 million settlement of class claims of alleged...more

Fisher Phillips

White House Issues Sweeping AI Executive Order: 10 Things Employers Need to Know

Fisher Phillips on

The executive order on artificial intelligence issued by the White House yesterday is the federal government’s most ambitious attempt to date to corral this burgeoning technology – and contains numerous items of interest for...more

Ballard Spahr LLP

Federal Agencies Issue Joint Statement on Artificial Intelligence in the Workplace

Ballard Spahr LLP on

The United States Equal Employment Opportunity Commission (EEOC) and three other federal agencies issued a joint statement vowing to use existing laws to protect employees and the general public from discrimination and bias...more

Seyfarth Shaw LLP

Regulation of AI – the Path Ahead

Seyfarth Shaw LLP on

Last week, a joint statement was issued by four federal agencies expressing their apprehension regarding the use of AI for discriminatory or anticompetitive purposes and outlining their plans for regulation. This comes on the...more

McGuireWoods LLP

Government Agencies Join Forces Against Bias and Discrimination in AI

McGuireWoods LLP on

On April 25, 2023, four federal government agencies released a joint statement announcing their resolve against bias and discrimination in automated systems and artificial intelligence (AI). Together, the Consumer Financial...more

DCI Consulting

Federal Agencies Make Statement on Discrimination & Bias in Automated Systems

DCI Consulting on

Federal leaders, including Equal Employment Opportunity Commission Chair Burrows, U.S. Department of Justice’s Civil Rights Division Assistant Attorney General Kristen Clarke, Consumer Financial Protection Bureau Director...more

Cooley LLP

CFPB, Federal Agencies Warn of Obligations to Avoid Algorithmic Discrimination

Cooley LLP on

On April 24, 2023, the Consumer Financial Protection Bureau (CFPB), Federal Trade Commission (FTC), Department of Justice (DOJ) and Equal Employment Opportunity Commission (EEOC) released a joint statement affirming that...more

Troutman Pepper Locke

Federal Agencies Issue Joint Statement on Potential for Unlawful Bias and Discrimination in Automated Systems

Troutman Pepper Locke on

On April 25, officials from the Federal Trade Commission (FTC), the Civil Rights Division of the U.S. Department of Justice (DOJ), the Consumer Financial Protection Bureau (CFPB), and the U.S. Equal Employment Opportunity...more

Orrick, Herrington & Sutcliffe LLP

NYC Banking Commission to combat lending and employment discrimination

On February 10, the New York City Banking Commission, which consists of the city’s mayor, the comptroller, and the Commissioner of the Department of Finance, announced two transparency measures to combat lending and...more

Miller & Martin PLLC

New Law Relaxes Restrictions on Hiring Individuals with Criminal Records in the Banking and Finance Industry

Miller & Martin PLLC on

On December 23, 2022, President Biden signed into law a bill pertaining to financial institutions which relaxes restrictions on hiring individuals with criminal records....more

Jackson Lewis P.C.

Financial Industry Regulatory Authority Arbitration Of Employment Disputes

Jackson Lewis P.C. on

The Financial Industry Regulatory Authority, Inc. (FINRA) is an independent regulatory body, overseeing securities firms and their brokers and other registered personnel. Arbitration of employment disputes in the arbitration...more

Orrick - Employment Law and Litigation

Financial Services and Technology Companies Beware: The U.S. Office of Federal Contract Compliance Has A Target on Your Back

The President released his 2017 budget this week. Budgets are aspirational documents that Congress rarely implements in full. The current acrimony between Congress and the Administration ensures that the President’s 2017...more

21 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide