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U.K. Financial Services Authority introduces new remuneration code of practice
- Alston & Bird LLP
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- United Kingdom
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- August 12 2009
Today, the U.K. Financial Services Authority (FSA) introduced a new code of practice, effective January 1, 2010, that requires large U.K. banks, building societies and broker-dealers to adopt remuneration policies consistent with effective risk management
UK Financial Services Authority requires UK banks to submit remuneration policies for review
- Alston & Bird LLP
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- United Kingdom
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- July 22 2009
On Monday, the U.K. Financial Services Authority (FSA) published a letter sent by FSA Chief Executive Hector Sants last Wednesday, that requires U.K. banks to send their remuneration policies to the FSA by the end of October, in order for the FSA to verify whether such remuneration policies and practices are in line with the pay policies set forth in the March 18 Turner Review consultation paper, and compliant with the FSA's proposed draft remuneration policy rule and code
U.K.’s FSA publishes draft code of practice on remuneration policies
- Alston & Bird LLP
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- United Kingdom
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- February 27 2009
Yesterday, in conjunction with the U.K. Treasury’s announcement regarding its Asset Protection Scheme (Scheme), the U.K.’s Financial Services Authority (FSA) published a draft to the code of practice that will form part of the eligibility criteria for participating in the Scheme
RBS announces agreement with UK on pay and bonuses
- Alston & Bird LLP
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- United Kingdom
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- February 17 2009
Reining in executive compensation at recipients of government aid is not just a U.S. preoccupation
European nations consider limits on executive compensation
- Alston & Bird LLP
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- France, Germany, United Kingdom
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- February 9 2009
Last week’s announcement by President Obama and the U.S. Treasury imposing new executive compensation limitations on those receiving federal aid was not an isolated occurrence
Current Search
- Workarea - Banking
- Workarea - Employment & Labor
- Jurisdiction - United Kingdom
- Firm Name - Alston & Bird LLP