Our Employment team comment in a Reuters article on the potential effects for Barclays staff following the fining of their CEO, in the first case brought under the new Senior Managers Regime (SMR), a measure aimed at making top staff directly accountable for their actions.

British regulators and Barclays have fined the bank’s Chief Executive Jes Staley a combined £1.1 million  after he tried to identify a whistleblower who sent letters criticizing an employee of the bank…

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