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Termination payments rules are changing - what does this mean for HR?

22 March 2018

Here are some practical considerations your HR team should think about with regards to employment contracts and termination payments.

FCA and PRA regulatory reference rules
David Fenton

13 June 2017

From 7 March 2017, the FCA placed a duty on all full scope regulatory reference firms (mainly banks, building societies and insurers) currently part of either the Senior Managers and Certification Regime (SM&CR) or Senior Insurance Managers Regime (SMIR) (relevant firms) to ensure that certain staff, including contingent workers or volunteers, meet the fit and proper regulatory standard.

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