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FCA imposes record low number of fines – down 75% since last year
The FCA has imposed just four fines so far this year, a record low, down 75% from 16 issued in the same period last year*, says RPC, the City-headquartered law firm.
Read moreRPC Comments on the Government's new Job Support Scheme
Commenting on the Government's new Job Support Scheme, Kelly Thomson, employment lawyer and partner at the law firm RPC said: "The Chancellor's new Job Support Scheme has a completely different emphasis to previous furlough schemes. Support will be available only for viable jobs. And viability will be determined by whether the work exists now (albeit on a reduced hours basis). If there is no work to be done now – even if the role may be viable in the future – the scheme will not assist."
Read moreWhistleblower reports to the FCA on ‘pressure selling’ jumped 23% last year
The number of whistleblower reports made to the Financial Conduct Authority (FCA) relating to ‘pressure selling’ jumped 23% to 58 last year*, up from 47 the year before, says RPC, the city-headquartered law firm.
Read moreWhistle-blower reports to the ICO at record high in the last year – up 34%
The number of whistle-blower reports made to the Information Commissioner’s Office (ICO) about potential data breaches and the misuse of customer information by organisations* is at a record-high, jumping 34% to 427 in the last year, from 319 the previous year, says RPC, the City-headquartered law firm.
Read morePayments to informants increased by 63% in a year as HMRC cracks down on tax evasion
The amount of money paid to informants by HMRC jumped 63% in a year to reach £473,000 in 2019/20, up from £290,250 the previous year, says RPC, the City-headquartered law firm.
Read moreRPC joins Sustainable Recruitment Alliance
City headquartered law firm RPC has joined the launch of the Sustainable Recruitment Alliance, which encourages the UK graduate recruitment industry to find more sustainable ways of attracting early talent and reducing their carbon footprint.
Read moreSIPPs – the work and pensions committee asks some pointed questions of the FCA
The Work and Pensions Committee has sent a letter to the FCA following its review of defined benefit pension transfers raising 5 pointed questions in relation to SIPPs.
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