Employment Notes

Hong Kong Monetary Authority finalises principles for mandatory reference checking scheme to address “rolling bad apples” phenomenon

UK: re-engagement ordered following unfair dismissal, notwithstanding contributory fault

Australia: Superannuation Guarantee and Annual Leave Loading

Hong Kong: The Requirement of Being 'Fit and Proper'

In many industries, it is a requirement that certain individuals performing regulated activities are, and remain, fit and proper. For example, these …

Australia: Whistleblower protection regime

On 7 December 2017, the Australian Government took a further step towards whistleblower reform by introducing the Treasury Laws Amendment (Enhancing …

Australia: Whistleblower protection laws - proposed amendments to the Corporations Act

The Government has released draft legislation significantly amending whistleblower laws: Treasury Laws Amendment (Whistleblowers) Bill 2017 (the Bill). …

Australia: Banking and Finance Bargaining Update

Issue #1 2017 In this edition we will discuss the Senate Committee Inquiry into corporate avoidance of the Fair Work Act 2009 (Cth), the progress of the …

UK: Whistleblowing - new rules for UK branches of foreign banks and insurers

The FCA and PRA have recently published new rules on whistleblowing procedures for UK branches of foreign banks and insurers, which will apply from …

UK: FCA/PRA publish whistleblowing rules for UK branches

The FCA and PRA have recently published new rules on whistleblowing procedures for UK branches which will apply from 7 September 2017. In October 2015 …

Hong Kong: MIC Regime - Implications for HR

On 16 December 2016, the Securities and Futures Commission (SFC) issued a circular which introduces new measures to heighten the individual …

UK: ESMA publishes final versions of UCITS V and updated AIFMD remuneration guidance – where are we now?

ESMA has published the final version of its guidance on the remuneration provisions of UCITS V, available here, and the updated guidance on the AIFMD …

UK: FCA and PRA final rules on regulatory references - strengthening accountability in banking and insurance

The FCA and PRA have published new policy statements relating to regulatory references under the new accountability regimes for banks and insurers, which …