For growth-stage fintechs, managing a rapidly growing workforce within a structured regulatory environment can be a challenge.
Sebastian Barling and Damian Babic join host Joseph Kamyar for this episode of “Fintech Focus” to guide fintech employers on this fluid regulatory environment. They share insight into necessary documentation to factor into the onboarding process of senior hires, key employment law considerations to keep in mind and potential disciplinary actions that regulators can bring
Name: Joseph Kamyar
Title: European Counsel, Corporate at Skadden
Specialty: “Fintech Focus” host and European counsel Joseph Kamyar advises on a wide variety of corporate transactions, including cross-border private mergers and acquisitions, fundraisings, joint ventures, corporate reorganizations and general corporate matters, with a particular focus on the financial services, technology and media sectors.
Name: Sebastian Barling
What he does: Sebastian Barling is a partner in Skadden’s Financial Institutions Regulatory Group. He provides U.K. and EU financial regulatory advice to businesses in the financial services sector.
Organization: Skadden
Words of wisdom: “Any fintech senior manager will be subject to an ongoing assessment that they remain suitable for their role. And this is going to be particularly relevant in more fluid organizations where roles can change quickly or headcount may be limited and responsibility allocated narrowly.”
Name: Damian Babic
What he does: Damian Babic is counsel in Skadden’s labor and employment practice in London. He advises employers on a full range of employment issues.
Organization: Skadden
Words of wisdom: “Given the protections that employees have in the workplace, it’s even more important to have robust hiring and vetting procedures in place before offers are made. And that's to ensure that management time and cost is not wasted later on in the process when managing someone out of the business.”
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