Tag: tackle

Government urged to use Covid-19 pandemic to tackle business ‘bad behaviour’

Former shadow chancellor John McDonnell is urging the Government to use the Covid-19 pandemic to “stamp out bad behaviour” from businesses across the country.

The Labour MP insisted that firms guilty of poor employment practices should not receive state help.

In his first major intervention since leaving Labour’s front bench, he will put forward a Business Standards Bill, aimed at tackling those firms that use fire and rehire tactics and zero-hour contracts, avoid tax and pollute the environment.

His proposals include an accreditation scheme for firms that meet standards over the treatment of workers, the payment of taxes and environmental practices, with a Good Business Commission – made up of representatives from the business world together with unions, environmental campaigners and others – set up to oversee it.

But this new body would also have powers to impose sanctions on rogue employers, under the plan set out by Mr McDonnell.

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PortfolioAid and VigilantCS Form a Strategic Compliance Technology Partnership to Tackle Client-Focused Reforms (CFRs)

Canadian RegTech solution providers, PortfolioAid and VigilantCS, have formed a strategic partnership to help Canada’s wealth management industry tackle client-focused reforms (CFRs) with award-winning technology. Under CFR, firms must comply with new conflict of interest provisions by June 30, 2021, and new KYP/KYC suitability obligations by Dec. 31, 2021.

“Both firms automate and digitize core CFR controls to support wealth management firms, decreasing cost of compliance and improving evidence of compliance,” says VigilantCS CEO and Co-founder Rob Kirwin. “Together, we offer targeted and effective technology that provides insight into a broader set of compliance behaviours, improves efficiencies, and reinforces confidence.”

Notes PortfolioAid President Sam Webster, “PortfolioAid’s business focus has always been on providing solutions that improve financial, regulatory, and reputational outcomes for its clients. Wealth management firms can be confident they can satisfy CFR with PortfolioAid and VigilantCS because they will be able to draw on the combined knowledge, experience

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Business Social Innovation To Tackle Cycles Of Poverty

The coronavirus pandemic has shone a spotlight on working conditions worldwide, including a major focus on which employees have had to continue working in person with fewer protections than others. Often, these employees come from marginalized communities that are already disproportionately affected by the virus.

While the pandemic will not be with us forever, many people from marginalized communities will continue to face higher barriers to employment and live with the effects of cycles of poverty long after it is over. Consumers, however, are increasingly taking notice of — and punishing —companies that fail to employ and provide protections to vulnerable populations.

Many companies, Certified B Corporations prominently among them, are strategically hiring people from these communities. These companies are using new and innovative business practices to effectively support their workers, from open

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How businesses can use YouTube to tackle the COVID-19 business crisis

30-second summary:

  • In the “coexisting with-COVID-19” world, an average user is now spending “Remote” is the new usual.
  • Using the avenue of YouTube for your business can be an open-ended option to help with marketing and product promotions during the COVID-19 crisis.
  • If you think this is an approachable recommendation for your business, here’s how YouTube can help you out in the COVID-19 situation.

The outbreak of COVID-19 has led global businesses to a scenario where business continuity has severely been challenged. All kinds of businesses – be it food and beverage, apparel and footwear, beauty, automotive, travel, or hospitality all have been severely impacted. Opportunities that help businesses navigate the strategic, operational, and financial change through the usual ways of marketing and promoting a business might not work anymore.

In the “coexisting with COVID-19” world, an average user is now spending “Remote” is the new usual. Hence, utilizing the

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