The primary challenge with designing executive pay is structuring rewards that link risk to long-term value while aligning with shareholder interests.
Remuneration
Latest research from EY enables comparison of executive package trends and gender splits across UK, US and Europe.
Assessing proposals to make the remuneration regime for banks “more effective, simple and proportionate”, while still ensuring accountability for risk taking and appropriate outcomes for consumers and markets.
Top bankers will be able to access their bonuses faster as regulators relax City deferral and clawback rules.
Revised Principles are less prescriptive, allowing companies to tailor remuneration arrangements to make UK a more attractive place to list.
The main changes relate to risk management and internal controls, audit committee reporting, governance reporting, DE&I and remuneration.
Guide to the directive’s key requirements, plus comment on broader DE&I developments in Europe and US.
Now that the cap has been removed, we look at the practical implications for banks, building societies and PRA-designated investment firms.