Global News

March 2013
Governance Newsletter;Mar2013, Issue 225, p5
This section offers news briefs on corporate governance as of March 2013. The European Union (EU) has agreed to new governance rules to cap banker bonuses as part of a set of rules that aim to strengthen financial organizations. The Malta Financial Services Authority (MFSA) has released a manual for directors of investment firms and collective funding schemes on implementing good corporate governance practice.


Related Articles

  • UK suffers blow to challenge on EU bonus cap. Norman, Tessa // Money Marketing (Online Edition);11/20/2014, p1 

    The article reports that the legal challenges brought by Chancellor George Osborne of Great Britain to its proposed cap on bonuses has been rejected by advocate general Niilo Jaaskinen European Court of Justice. Topics discussed include British government argues that the proposals violated the...

  • ANALYSIS: Rein on rewards for risk.  // Corporate Adviser;Dec2010, p7 

    The article reports on the revised remuneration code of Great Britain's Financial Services Authority (FSA) which will take effect on January 1, 2011. It says that the revision, which would include all banks, building societies, asset managers and hedge fund managers, discourages short term...

  • Hands off. Morris, Pamela // Money Marketing;3/6/2014, p20 

    The author discusses proposed regulations which aim to curb fund manager pay in European Union (EU) member states. She explains that the rules are part of the Undertakings for Collective Investment in Transferable Securities (UCITS) Directive and could impact mutual funds in the EU investment...

  • Should the EU cap bankers' bonuses? Cotton, Rob; Kinnersley, Adrian // Director;Apr2013, Vol. 66 Issue 7, p33 

    The authors debate the issue of whether the European Union (EU) should legislate caps for executive bonuses in the banking industry. Rob Cotton argues that the bonus system does not inspire employee loyalty, productivity, or teamwork. Adrian Kinnersley claims that a cap on bonuses would caused...

  • EU set to extend bank bonus cap to hit 10 times more people. Dale, Samuel // Mortgage Strategy (Online Edition);5/20/2013, p10 

    The article announces the plan of the European Union (EU) to expand the scope of the bankers' bonus cap in 2013, according to PricewaterhouseCoopers.

  • EU pay rules are a blunt instrument. COCHRANE, STEVEN // Money Marketing;11/27/2014, Issue 1463, p30 

    The author discusses steps being taken by the European Union (EU) to limit senior bankers' variable compensation, potentially adverse effects on the EU's ability to attract and retain talent, and banks' enhancement of base salaries with role-based allowances.

  • Stocking up on employee bonuses. Shelley Jr, Donald F. . // American Printer;Nov94, Vol. 214 Issue 2, p91 

    Presents techniques for computing the viability of giving stock options as employee bonus in compliance with government regulations in the United States. Tax deductions; Computation of net value.

  • Bank of England director calls for stricter bank bonus rules. Selby, Tom // Mortgage Strategy (Online Edition);1/22/2013, p10 

    The article reports that Bank of England financial stability director Andy Haldane is calling for stricter bank bonus standards.

  • Government orders review of consultants' bonus payments. Mayor, Susan // BMJ: British Medical Journal (Overseas & Retired Doctors Edition;8/28/2010, Vol. 341 Issue 7770, p423 

    The article reports on a review of bonuses received by consultants announced by the British government to be carried out by the independent Review Body on Doctors' and Dentists' Remuneration to make the system more transparent and consistent with other pay schemes in the public sector.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics