Press Coverage - 09/06/2020
Compliance must work closely with HR on COVID-19 bank office return, say lawyers
Our Employment team recently spoke to Thomson Reuters’ Regulatory Intelligence following a recent panel discussion at the Centre for the Study of Financial Innovation, titled ‘Legal liability as we move out of lockdown: what employers (and employees) need to know’ which she recently took part in.
Compliance and HR need to be working together as bank employees return to the office during COVID-19, lawyers said. Compliance, risk and operational resilience need to be considered alongside all other impacts, they said…
Our Employment team said banks might find it useful to run dual risk assessments. “HR and management should run the health and safety risk assessment and the head of compliance should run a regulatory risk assessment. The two will necessarily overlap“.
We told the webinar employees were protected against detriment including dismissal if they should leave work or refuse to attend work because they reasonably perceive a danger to their health and safety. “This is a key legal liability as we move out of lockdown“.
You can read the full article on the Thomson Reuters website (subscription required) or here.
Further information and a video of the webinar is available here.