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Headline Issue Diary Date
UK implements Travel Rule on cryptocurrency, tightening oversight 288 CompliNEWS 31 Aug 2023
FSCA exempts specific persons from FAIS competence and fee provisions 288 CompliNEWS 31 Aug 2023
Support for Tribunal's ruling on Craig Massyn and Praesidium Group 288 CompliNEWS 31 Aug 2023
Interim Director appointment announced 288 CompliNEWS 31 Aug 2023
FSCA Insurance Notice 13 of 2023 – Exemption of Abacus Insurance Company Limited 288 CompliNEWS 31 Aug 2023
Redefining KYC in the age of cryptocurrencies 287 CompliNEWS 25 Aug 2023
The intersection of psychology and compliance – A deep dive into human behaviour and regulatory adherence 287 CompliNEWS 25 Aug 2023
Excellent guidance – UK's ICO advises against sole reliance on BCC for sensitive emails 287 CompliNEWS 25 Aug 2023
Swedish DPA slaps Trygg-Hansa with EUR 3m fine over security lapses; Italian GDPR fine 287 CompliNEWS 25 Aug 2023
De-risking in banking – A necessary evil or discriminatory practice? 287 CompliNEWS 25 Aug 2023
Working Smart

By Lee Rossini

Encouraging employees to change is seldom easy. During times of uncertainty, the challenge becomes even greater. Unfortunately, resisting change is human nature. People value stability and predictability as routines provide a sense of control. Uncertainty disrupts this comfort. Employees may fear losing status, skills or security if too much change is introduced. This is known as loss aversion – the tendency to perceive potential losses more strongly than potential gains.

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