Corporate Crime update – December 2018

Welcome to the December 2018 edition of our corporate crime update - our round up of developments in relation to corruption, money laundering, fraud, sanctions and related matters. This month, we would like to wish all of our regular readers a… Read more

EU sanctions update: Russia

Our latest briefing summarises recent developments in the EU's sanctions imposed against Russia.  In particular, we provide an overview of (a) new measures relating to Crimea and Sevastopol and (b) new European Commission guidance on certain of the financial sector… Read more

Bonus cap: PRA and FCA announce details of UK implementation

The Prudential Regulation Authority and the Financial Conduct Authority have each announced their proposed approach to the UK implementation of the cap on variable remuneration, being introduced by the amended capital requirements directive (CRD IV).  The consultation documents give much… Read more

FSA issues final form remuneration code

On Friday 17 December 2010, the FSA issued its revised Remuneration Code (the "Code") containing its interpretation of the remuneration principles contained in the amendments to the Capital Requirements Directive ("CRD III"). The FSA Code takes into account a number… Read more

CEBS issues final form guidelines on CRD III

On Friday 10 December 2010, following the public consultation in relation to its draft guidelines, the Committee of European Banking Supervisors ("CEBS") issued its final form Guidelines on Remuneration Policies and Practices (the "Guidelines") in relation to the remuneration principles… Read more

FSA consults on remuneration disclosure requirements

The Financial Services Authority (FSA) has published a consultation on the implementation of remuneration disclosure requirements based on those set out in the Capital Requirements Directive (CRDIII). The consultation period closes on 8 December 2010 and the FSA intends to… Read more

Guidance may require the FSA to reconsider its interpretation of CRD III

The Committee of European Banking Supervisors ("CEBS") has published its consultation paper setting out guidelines on the implementation of the remuneration provisions contained in the amended Capital Requirements Directive ("CRDIII").  The consultation paper, 'Guidelines on Remuneration Policies and Practices' (the… Read more