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UK Government consults on mandatory ethnicity and disability pay gap reporting
The initiative builds upon the existing gender pay gap reporting regulations with proposals to mirror the reporting deadlines and dates.
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GRIP Extra: SEC updates marketing rule FAQs, Swiss fine for Lara Warner
Other news includes Chat GPT hallucinates murder, DOGE access to social security data blocked and Tornado Cash no longer sanctioned.
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OPINION: Trump’s orders targeting biglaw raise constitutional concerns
President Trump has taken executive action against major US law firms, alarming the legal community and raising serious constitutional issues.
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GRIP Extra: Pro-labor US labor secretary in, Nasdaq shuts down high speed trading service
Other news includes a $1b Salesforce investment in Singapore, the EU removing four Russian from sanctions list due to Hungarian pressure, and French publishers suing Meta over AI models.
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UK regulators backtrack on diversity rules and delay action on misconduct
Industry response as FCA and PRA says it will not update rules on diversity and inclusion and will pause non-financial misconduct action.
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HHS investigates med schools and hospitals under EO banning DEI programs
Move explained as a response to “allegations and information” received by the Office of Civil Rights.
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UK pharma giant GSK suspends DEI initiatives citing US policy
Internal comms emphasize the fact that the US is the firm’s largest market.
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Is this the end for DEI?
As some of the biggest institutions wind down their DEI programs, Harriet O’Brien from Danesmead ESG looks at what will happen next.