As the regulation of employment practices in general and financial services, in particular, continues to grow and become increasingly complex, firms operating in this industry are faced with the challenge of determining how best to comply with varying legal requirements that at times seem to be in direct conflict with each other.
Statutory and regulatory requirements on the federal level may require institutions to engage in certain practices that are generally prohibited by state or local laws aimed at decreasing discrimination in employment.
To demonstrate compliance with the below requirements, organizations should establish and follow written procedures.
Linson Eye Investigation Inc. Can determine whether an individual is qualified, and conclude that a person:
1) has not been convicted of, or pleaded guilty or nolo contendere to, a felony in a domestic or military court during the preceding seven-year period or, in the case of a felony involving an act of fraud, dishonesty, a breach of trust, or money laundering, at any time;
2) has demonstrated financial responsibility, character, andgeneral fitness that indicates that the individual will operate honestly, fairly, and efficiently.