The PRA and the FCA have set out their plans to reduce post-crisis restrictions on bonuses of senior bankers. The joint consultation proposals will see the period that bonus payments can be deferred for the most senior bankers reduced from eight years to five years (as first announced by Sam
Restrictions on bonuses relaxed for UK senior bankers
Top bankers will be able to access their bonuses faster as regulators relax City deferral and clawback rules.