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Remote work's loyalty problem: Risk of 'culture crisis' rises with employees isolated at home

The sweet spot is hard to hit. Undermanaged remote-working staff can feel neglected, leading to job dissatisfaction, burnout or even fraud ....

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Financial institutions general regulatory news, May 2021 #2 | Hogan Lovells

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Recent regulatory developments of interest to most financial institutions. See also our sector specific updates in the Related Materials links.
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Quantifying culture and its implications for bank riskiness: Bank Underground article
PRA update CP9/21 - Remuneration: Correction to the definition of higher paid material risk taker
New Consumer Duty: FCA CP12/13
Outsourcing: FCA clarifies its expectations regarding firms review of legacy outsourcing arrangements
Preventing claims management phoenixing by financial services firms: FCA CP21/14
Financial Services Culture Board
EU AML and CTF action plan reforms: European Commissioner speech ....

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