Reported 5 months ago
Barclays Plc and other Wall Street firms are considering requiring some employees to commute to company offices five days a week, following regulatory adjustments for supervising remote work by the Financial Industry Regulatory Authority. While some managers have started warning staff to prepare for daily commutes due to advanced discussions, not all firms may choose to enforce this stricter in-person mandate. The new rules from Finra will require brokerages to list home offices in regulatory records and set up regimes for periodic workplace inspections, potentially impacting work-from-home protocols. Executives at Deutsche Bank AG believe they can comply with these requirements without significant impact on their remote work policies. Truist Financial Corp. has already announced a five-day office policy for some Wall Street staff, reflecting a trend among financial firms tightening remote work rules despite the majority still allowing partial remote work.
Source: YAHOO