News & Analysis as of

Remuneration European Union Banks

A&O Shearman

Regulatory monitoring: EU version - December 2023

A&O Shearman on

1. Bank regulation - 1.1 Prudential regulation - (a) General - (i) EU - EBA: Roadmap on strengthening the Prudential framework - Status: Final - The EBA has published its roadmap on the Banking Package, which...more

A&O Shearman

Bankers bonus cap lifted - what does it mean for the banks

A&O Shearman on

PRA and FCA plans to remove the bankers’ bonus cap requirements have been accelerated, giving banks flexibility to depart from a strict regulatory cap with immediate effect....more

Paul Hastings LLP

The U.K. Abolishes the Bonus Cap for Banks

Paul Hastings LLP on

The PRA and FCA have announced that the U.K. will be removing the bonus cap for individuals working in U.K. banks. The U.K.’s remuneration rules for the banking and financial services sector were introduced in the wake of...more

K&L Gates LLP

Banking Law Draft Amendment: Implementation of Directive CRD IV

K&L Gates LLP on

The Minister of Finance has prepared a draft amendment to the Banking law. The amendment is intended to implement the CRD IV (Directive 2013/36/EU of June 26, 2013) and CRR Regulation (Regulation No 575/2013 of June...more

Orrick - Employment Law and Litigation

Germany: Bonus Cap for Bank Staff Introduced

In Germany, remuneration of managers in general has increasingly come into public and political focus. Over the last years, the German legislator enacted several law reforms concerning managers’ pay. Very recently, the...more

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