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Banker's bonuses: ex-Dresdner bankers secure bonus victory based on oral promise at staff meeting

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • May 10 2012

Financial institutions are well aware of the need for bonus schemes to be drafted very carefully to ensure discretions are not fettered unintentionally

Remuneration

  • Herbert Smith Freehills LLP
  • -
  • European Union, United Kingdom
  • -
  • November 23 2010

The remuneration aspects of the amended Capital Requirements Directive (CRD 3) are required to be implemented in Member States by 1 January 2011

Financial institution bonuses: EU rules impose tough new restrictions

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • August 9 2010

The European Parliament recently approved tough new rules on bonuses paid to staff within credit institutions and investment firms, which must be implemented at national level by 1 January 2011

The Financial Services Bill: remuneration aspects

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • November 24 2009

The Government has now published its much-touted Financial Services Bill which, according to the HM Treasury press notice, includes "tougher rules on pay and bonuses that will ensure remuneration policies do not contribute to excessive risk taking"