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A recent High Court case provides useful clarity that companies operating employee incentive plans should be able to link the exercise of a discretion to treat a departing participant as a "good leaver" to a condition that the participant has not breached their employment contract, or even that the participant complies with post-termination restrictive covenants
Following completion of its consultation on proposals to implement a code of practice on remuneration policies, the FSA has published the responses received and the decisions that it has taken on the application of the Code
The FSA's consultation paper CP0910, entitled "Reforming remuneration practices in financial services", made its appearance in the wake of the publication of the Turner Review and associated discussion paper this month
