http://www.out-law.com/en/ Latest legal news on banks from OUT-LAW.COM, part of international law firm Pinsent Masons en-gb Pinsent Masons LLP Sat, 25 May 2013 13:13:05 +0100 http://www.out-law.com/en/articles/2013/may/ten-times-as-many-bank-staff-may-be-affected-by-bonus-cap-restrictions-than-previously-thought-says-expert/ http://www.out-law.com/en/articles/2013/may/ten-times-as-many-bank-staff-may-be-affected-by-bonus-cap-restrictions-than-previously-thought-says-expert/ Banks Plans to curb bonus amounts in the financial services sector would affect a greater number of bankers than had been anticipated, an expert has said. Wed, 22 May 2013 13:14:00 +0100 http://www.out-law.com/en/articles/2013/may/scale-of-bankers-bonus-cap-restrictions-to-be-proposed-later-this-week/ http://www.out-law.com/en/articles/2013/may/scale-of-bankers-bonus-cap-restrictions-to-be-proposed-later-this-week/ Banks The European Banking Authority (EBA) will propose which bankers should be subject to new bonus cap restrictions later this week. Mon, 20 May 2013 16:01:00 +0100 http://www.out-law.com/en/articles/2013/may/new-equator-principles-will-extend-environmental-assessment-to-more-project-finance-arrangements/ http://www.out-law.com/en/articles/2013/may/new-equator-principles-will-extend-environmental-assessment-to-more-project-finance-arrangements/ Banks A new version of the 'Equator Principles', which establish an environmental and social risk management framework for project financiers, will cover a wider range of funding arrangements. Thu, 16 May 2013 11:58:00 +0100 http://www.out-law.com/en/articles/2013/april/european-parliament-approves-bonus-cap-and-stronger-capital-requirements-for-banks/ http://www.out-law.com/en/articles/2013/april/european-parliament-approves-bonus-cap-and-stronger-capital-requirements-for-banks/ Banks Stricter capital requirements and more stringent supervision will apply to European banks from the start of next year after the European Parliament voted through a "comprehensive" programme of banking reform. Wed, 17 Apr 2013 15:42:00 +0100 http://www.out-law.com/en/articles/2013/april/ecb-payment-security-standards-should-mandate-sharing-of-risk-info-says-payments-council-/ http://www.out-law.com/en/articles/2013/april/ecb-payment-security-standards-should-mandate-sharing-of-risk-info-says-payments-council-/ Banks Banks, credit card companies, regulators and all providers of payment services, including third-party providers (TPPs), should be obliged to share information with one another about security risks they encounter in relation to payment systems, the UK's Payments Council has said. Mon, 15 Apr 2013 13:32:00 +0100 http://www.out-law.com/en/articles/2013/april/european-banks-lagging-behind-in-customer-engagement-via-social-media-says-analysts/ http://www.out-law.com/en/articles/2013/april/european-banks-lagging-behind-in-customer-engagement-via-social-media-says-analysts/ Banks Retail banks in Europe are not as fully engaged with social media as counterparts in the Asia-Pacific and US market, according to market analysts. Thu, 11 Apr 2013 15:59:00 +0100 http://www.out-law.com/en/articles/2013/april/mastercard-card-payment-fees-and-arrangements-under-review-by-eu-competition-regulator/ http://www.out-law.com/en/articles/2013/april/mastercard-card-payment-fees-and-arrangements-under-review-by-eu-competition-regulator/ Banks The arrangements MasterCard has in place with banks and businesses in relation to the fees levied for processing credit card payments is under further scrutiny from the EU's main competition regulator. Wed, 10 Apr 2013 16:27:00 +0100 http://www.out-law.com/en/articles/2013/april/cable-considering-ban-for-former-hbos-directors-following-parliamentary-commission-report/ http://www.out-law.com/en/articles/2013/april/cable-considering-ban-for-former-hbos-directors-following-parliamentary-commission-report/ Banks Business Secretary Vince Cable is considering whether it would be possible to disqualify three former directors of HBOS from holding similar positions in future, according to press reports, following last week's publication of a highly critical report on the failure of the bank in 2008. Tue, 09 Apr 2013 09:29:00 +0100 http://www.out-law.com/en/articles/2013/april/dutch-retail-group-calls-for-banks-to-give-greater-focus-to-cyber-security-following-internet-banking-disruption-/ http://www.out-law.com/en/articles/2013/april/dutch-retail-group-calls-for-banks-to-give-greater-focus-to-cyber-security-following-internet-banking-disruption-/ Banks Banks and the Government in the Netherlands must give greater priority to cyber security, an online retail group has said. Mon, 08 Apr 2013 16:53:00 +0100 http://www.out-law.com/en/articles/2013/march/government-proposes-regulatory-overhaul-of-uk-payment-systems/ http://www.out-law.com/en/articles/2013/march/government-proposes-regulatory-overhaul-of-uk-payment-systems/ Banks The Government has outlined plans to overhaul the regulation of payment systems in the UK after identifying concerns about the ability of large banks to exert influence in the sector. Thu, 28 Mar 2013 09:09:00 Z