Handling the pressures on pay.
Remuneration is heavily regulated in the financial services industry. The EU has been at the forefront of the changes here, putting in place one of the most strict regimes in the world.
Bankers, private equity and other fund managers have to adapt to the new rules. We can assist in navigating the new regulatory landscape, both in Europe and in other parts of the world, helping to understand what all these new acronyms – CRD III , CRD IV, AIFMD, EBA, ESMA to name of few – mean to your business.
The new rules call for a broad range of instruments that may conflict with longstanding employment law principles, including clawback, deferral and malus clauses (PDF). We can help.