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Bonus Cap to be Scrapped?

20/09/2022

According to press reports last week, the Chancellor, Kwasi Kwarteng, is considering scrapping the cap on variable remuneration that applies to dual-regulated firms’ material risk takers. The cap was introduced in 2014 as part of a suite of EU rules aimed at...

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Authors

Portrait ofAsh Saluja
Ash Saluja
Partner
London
Portrait ofMark Walker
Mark Walker
Of Counsel
Edinburgh
Portrait ofSteven Cochrane
Steven Cochrane
Partner
London