Topic
Compensation
382 published works
Banking, Finance and Securities
FSCS annual report for 2013/14
The Financial Services Compensation Scheme (FSCS) has published its annual report and accounts for 2013/14. Points of interest in the annual report include: the FSCS paid out £243 million in…
Gov Con Employment Exchange
Court Affirms OFCCP’s Authority in Next Chapter of Bank of America Litigation
In a long-running 4th Amendment case between OFCCP and Bank of America, a U.S. District Court has affirmed earlier rulings that: (1) Bank of America (BoA) waived its 4th Amendment…
Legislation Law Prof Blog
N. Carolina Will Pay $10M to Forced Sterilization Victims: the first state to compensate eugenics victims
By Sara Rankin
N. Carolina Will Pay $10M to Forced Sterilization Victims(from Newser.com) Over a period of 45 years, North Carolina forcibly sterilized 7,600 people it deemed mentally or socially unfit. Now, 39…
Global Insurance Blog
UK: Meso Compensation Scheme Now Open
By Dan Screene
Following on from our posts on this subject on 19 March 2014 and 19 February 2014, we can now report that the Diffuse Mesothelioma Payment Scheme (the "Scheme"), established under…
Gender and the Law Prof Blog
Women Lawyers and Judges Earn 82% of What Men Earn
By Tracy Thomas
From the ABA Journal, How Much Less do Women Lawyers and Judges Earn than Men?Women lawyers and judges earn about 82 percent of what their male counterparts make, reports The Upshot, a…
Banking, Finance and Securities
PRA advises category 1 and 2 firms on the procedure for increasing the permitted ratio of fixed to variable remuneration
The PRA has published a letter in which it states that it has become aware that some firms are uncertain as to the procedure to follow in order to increase…
Corporate & Financial Weekly Digest
FINRA Requests Comment on Rules Regarding Communications with the Public and Gifts, Gratuities and Non-Cash Compensation
By Ross Pazzol
The Financial Industry Regulatory Authority (FINRA) has issued Regulatory Notice 14-14 and Regulatory Notice 14-15 announcing that it will initiate a review of certain of its rules to ensure that…
Pensions and Benefits
Clawback: The Bank of England seeks to avoid first-mover disadvantage
The topic of clawback, and indeed malus, has been a bit of a strange animal to date. You know what it is when you see it, but trying to adequately…
Banking, Finance and Securities
Consultation Paper 6/14: Clawback
The PRA has published Consultation Paper 6/14: Clawback (CP6/14). In CP6/14, the PRA sets out proposals that are designed to extend the Remuneration Code (the Code) so that it requires…
Securities Compliance Sentinel
What To Make Out Of FINRA’s Proposed Rule On Bonus Disclosures
By Joshua Horn
Bonuses and other forms of compensation are frequently used by one firm to attract talent away from another firm. FINRA has now proposed a rule that would require brokers who…