Firms reluctant to establish new financial services register - CISI

The Chartered Institute for Securities & Investments (CISI) said it and others were willing to try and make a channel to ensure the information remained publicly available to help employers do background checks on potential employees. However, the professional body said some firms "made it clear" they would only provide the necessary information under their regulatory requirements, which it said was not forthcoming. It added: "Since it takes a long time to set up such a database it is likely that a valuable source of information will disappear. Instead a new industry of CV checkers ha...