Jason Butwick

Jason Butwick

Dechert LLP

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Financial Conduct Authority Guidance on AIFM Directive Remuneration Provisions

The UK Financial Conduct Authority (FCA) released proposed guidance on 6 September 2013 on its implementation of the remuneration provisions in the AIFM Directive (the AIFM Remuneration Code) for UK alternative investment...more

10/17/2013 - AIFM AIFMD ESMA EU FCA Remuneration UCITS UK

Cheaper to Dismiss?

Legislation came into force in the UK on 29 July 2013, limiting the amount an employee can receive by way of compensation for unfair dismissal to the lower of £74,200 or 52 weeks’ gross pay. ...more

8/2/2013 - Employer Liability Issues Just Compensation New Legislation Termination UK Unfair Dismissal

European Securities and Markets Authority Guidelines on Sound Remuneration Policies under the AIFMD

More than seven months after publishing its consultation paper, the European Securities and Markets Authority (ESMA) recently published final guidelines (Guidelines) on sound remuneration policies under the Alternative...more

4/4/2013 - AIFM AIFMD Alternative Investment Funds Carried Interest Co-Investment Rights ESMA EU Financial Conduct Authority Financial Services Authority Remuneration Wages

UK Supreme Court Decision Limits Employers’ Power to Terminate Employment

Today the Supreme Court has handed down its widely anticipated judgment in the case of Société Générale v. Geys. The decision clarifies the powers of employers to terminate the employment of employees without giving full...more

12/20/2012 - Breach of Contract Employment Contract

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