First Advantage Blog

Mar 16

What’s Next for the Affordable Care Act in light of King v. Burwell

The main question is what happens to the 7.5 million (some figures say 8 million) individuals that will no longer be able to afford health insurance if the Supreme Court invalidates premium tax credits for those who purchased health insurance at (the Federal Exchange) rather than one of the few state exchanges?  Keeping in mind that only 16 states and the District of Columbia actually set up their own exchanges.

Mar 06

FINRA Registrant Background Screening Update

As most of our financial clients are aware, effective July 1, 2015, your organization will need to conduct additional background screening on your Financial Industry Regulatory Agency (FINRA) registrants as part of the FINRA registration process. This requirement arises from a Notice of Proposed Rulemaking from FINRA published in the Code of Federal Register on October 3, 2014 that was thereafter approved by Securities and Exchange Commission (SEC) Order on December 30, 2014.
Mar 04

King v Burwell

Mary Weaver discusses King v Burwell which challenges the legality of tax credits being allowed to purchase health insurance under the Affordable Care Act. Today is the day that the Supreme Court hears oral arguments in the case of King v. Burwell.  Everyone is on pins and needles waiting to hear the opinion.  It will be difficult waiting until late summer, which is when we expect to get the Court’s opinion.  Voices on both sides are trying to predict the outcome and are speculating as to what actions will take place once the opinion has been delivered.

Jan 26

Hiring in India – The Good, The Bad and The Ugly

As the world's largest democracy, India is a diverse and complex country with hundreds of languages, 10 million students and a 484 million-strong workforce, representing huge opportunities for global business. But with huge opportunities come big risks, which any company hiring in India needs to understand and manage to protect their business.

Jan 21

Bank of England Consults on Changes to 'Fitness and Propriety' Checks

The Bank of England has recently announced proposed changes to Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) requirements which will have a direct impact on employment screening for UK financial institutions. The proposals include extending regulation and certification rules to all employees of relevant firms (except staff carrying out "purely ancillary functions") and the annual renewal of certification for all regulated roles.
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