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Recent Editions

Risk Channel
North America
The Supreme Court has made it easier for people from majority backgrounds to pursue claims alleging workplace "reverse" discrimination, reviving an Ohio woman's lawsuit claiming she was illegally denied a promotion and demoted because she is heterosexual. Marlean Ames said that despite working for the Ohio Department of Youth Services for more than 20 years, she was denied a promotion and then demoted. The decision effectively lowers the burden of proof required for people who are members of a majority group - such as white or heterosexual people - to make discrimination claims. U.S. court precedent covering some states, including Ohio, had required that members of majority groups show additional "background circumstances" to prove their case or evidence showing a pattern of discrimination. The court has now ruled that the standard of evidence for a discrimination claim should be the same, regardless of a person's identity.
Full Issue
Risk Channel
UK/Europe
The Financial Conduct Authority (FCA) has launched a "global week of action" to combat illegal promotions by rogue finfluencers, collaborating with enforcement agencies in Canada, Hong Kong and Italy. The initiative has led to three arrests and additional criminal proceedings against individuals promoting unauthorised financial schemes. The FCA has also issued 50 warning alerts, which "will result in over 650 take-down requests on social media platforms." Steve Smart, joint executive director of enforcement and market oversight at the FCA, said: “Our message to finfluencers is loud and clear. They must act responsibly and only promote financial products where they are authorised to do so – or face the consequences.”
Full Issue