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The European Banking Federation (EBF) has written to the European Commission asking for more flexibility in the proposed rules on bonuses for financial services companies, according to press reports. 26 Aug 2015
FOCUS: Oil and gas firms operating in the North Sea should consider changes to employee incentives to help them retain and motivate skilled workers in a way that is also linked to the recovery of the business. 16 Jul 2015
This is one of a series of guides on issues connected to ring-fencing and banking reform faced by banks. Other guides cover issues such as tax, real estate, employment, pensions, litigation, third party contracts and competition considerations....
FOCUS: Shareholders remain keen to avoid 'rewards for failure' for senior executives, as illustrated by Old Mutual's statement in February that notice periods should be less than 12 months. However, merely reducing notice periods below the current standard... 19 May 2015
EU banks would be required to re-classify so-called role-based allowances (RBAs) paid to senior bankers as variable pay, capped at 100% of salary, by 2016 or explain why they have not done so, under draft guidelines put forward for consultation by the European... 06 Mar 2015
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