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Senior UK bankers' bonuses could be clawed back up to 10 years after vesting under new rules

UPDATED: UK banks will be able to order repayment of bonuses by senior bankers up to 10 years after the award where serious misconduct comes to light, according to new rules published jointly by the regulators. 25 Jun 2015

UK to implement EBA guidelines on role-based allowances paid by banks and investment firms, but hope remains for proportionate approach say experts

European Banking Authority (EBA) guidelines requiring banks and investment firms to change the way they classify 'role-based allowances' (RBAs) paid to senior staff will take effect in the UK from next year, the head of the Prudential Regulation Authority... 20 May 2015

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Investors target high contractual payments to departing executives, but a tougher approach to severance pay may be better than shorter notice

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

Bankers’ pay and governance reforms key to reducing ‘risk-taking behaviour’, says IMF head

Bankers’ pay structures must be reformed to reduce the perceived financial rewards of making decisions motivated by short-term gain, according to the head of the International Monetary Fund (IMF). 11 May 2015

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Expertise in Share Plans & Incentives

We are leading advisers on employee share plans and incentives. Our highly specialised team is led by lawyers who are independently recognised experts in this field, with significant experience of advising clients on all aspects of their equity-based incentives and wider executive remuneration issues. Our team is at the forefront of innovation and thinking in this area.

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