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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

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

Remuneration: draft FSA code of practice
  • Herbert Smith Freehills LLP
  • United Kingdom
  • March 6 2009

The FSA has published a draft code of practice on remuneration policies relevant to all FSA regulated firms