GDPR

Governance Watch - Issue 56

Governance Watch - Issue 56

GDPR Bites

Investors might consider this to be a good time to invest in cyber security and cyber insurance, as it is clear that data breaches are about to become real and painful for business under the punitive powers of the EU’s General Data Protection Regulation. (GDPR). The Information Commissioner’s Office (ICO) has signalled its intent to use the new law in force from May 25, 2018 which takes the previous maximum fine of £500,000 under the Data Protection Act 1998 into a new realm altogether – a maximum of 4% of a company’s annual global revenue.  

Governance Watch - Issue 36

Governance Watch - Issue 36

Gender Pay Gap

It is clearer than ever that for change to take place on gender equality, we need to have women in leadership positions. Nicky Morgan, the Conservative MP for Loughborough and the first female chair of the Commons Treasury select committee, made her astonishment at the gender pay gap in financial services public in an opinion piece in The Guardian, when she outlined next steps for the Women in Finance inquiry. Now we have its report, which finds ‘alpha male culture’ to be the main reason women don’t want to work in senior management in this industry. 

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