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ARTICLE · 30 JUNE 2015

Forthcoming Regulatory Changes: How Will These Affect You?

As you may be aware, the regulatory framework in relation to employees of regulated firms will significantly alter over the coming months.

United KingdomEmployment and HR

As you may be aware, the regulatory framework in relation to employees of regulated firms will significantly alter over the coming months. There are three main changes that will all come into effect by the end of January 2016:

These mandatory changes mean that regulated businesses will have to a significant amount of work to undertake to ensure they meet these requirements.

While the SIMR and whistleblowing consultations closed earlier this year, the outcome of these consultations is not yet known meaning that insurers may only have a few months to undertake the significant work necessary to design and implement these mandatory changes.

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