Treatment of Bonuses - Expect a Fight
29-Sep-2009 | Commercial Agreements
Remuneration in the financial services industry continues to attract considerable press coverage. In addition to the inevitably contentious decision by an employer to withhold a bonus, there is also a wave of political, and consequently regulatory, pressure for financial services firms to implement arrangements to reclaim bonuses where performance subsequently declines or the business proves to be excessively risky. A spate of litigation is to be expected in respect of both issues.
Lawyers Laurence Lieberman
Treatment of Bonsues - Expect a Fight was first published by Complinet, the leading provider of dynamic, connected risk and compliance solutions to over 80% of the global financial services community.