Compensation
Another RWA, another dollar: Capital pressures prompt questions over pay
Basel III is forcing banks around the world to reduce their risk-weighted asset numbers. Some have set up specific teams to do so, but how will these traders fit into a remuneration system that focuses on revenue generation? By Michael Watt
Top 10 op risks: incentives and compensation
Top 10 op risks: Incentives and compensation
Top 10 operational risks for 2013
Old and new dangers
Starting afresh has advantages for Metro Bank
In the current climate, a startup retail bank will attract a lot of attention from regulators – and criminals. Metro Bank's chief risk officer Mike Hudson discusses fraud, incentives and the advantages of living without legacies with Jessica Meek
Insurers’ remuneration will become more risk-sensitive, says incoming Bupa finance chief
Risk management still immature at many firms, warns Evelyn Bourke
How to deal with a toxic banking culture
Toxic mentalities
FSA appoints chairman of Financial Services Compensation Scheme
Churchill replaces existing chairman David Hall
Record HSBC fine shows FSA getting tough on retail conduct
Experts believe multi-million-pound fine issued to HSBC to be continuation of FSA focus on banks' retail failings
FSB: risk managers should advise on compensation
FSB remuneration guidelines suggest all firms should have risk management executives on compensation committee
Financial Stability Board finalises Sifi measures
FSB settles on plan to tackle the 'too big to fail' problems posed by systemically important financial institutions; measures will be sent to G-20 summit in November
Wave of new regulation brings inconsistencies and loopholes
Divergent paths
Risk.net poll: regulatory changes are not making compensation more risk-based
Basel III's higher capital levels mean "bankers' pay will come down"
UK consumer protection: the fuss over the FSCS
The UK’s Financial Services Compensation Scheme (FSCS) was set up to ensure consumers could be compensated if their bank went under. But who should be paying for it? And what does its future hold as the country’s financial regulation framework is…
BCBS issues final version of report on financial sector pay
Basel Committee on Banking Supervision reveals risk-adjusted remuneration report; urges large firms to move away from remunerating employees based purely on profits
Deutsche Bank to appeal tribunal ruling on bankers' bonuses
HMRC tax tribunal finds Cayman Islands scheme set up by Deutsche was "purely for tax-avoidance purposes"
London retains premier spot in FX, according to global volume figures
London remained the biggest financial centre for foreign exchange in 2010 according to semi-annual volume figures published in the UK and US on January 31, despite speculation it might be overtaken as a result of the UK government’s clampdown on bonuses.
The new normal
The new normal
UK regulator to get 'intensive and intrusive' on product governance processes
UK FSA to get ‘intensive and intrusive’ on products
Industry urges EU to show restraint over remuneration practices
Responses to EU remuneration paper urge restraint
US Fed moves towards rules-based approach to bonuses
US banking regulators expected to require mandatory deferred bonuses and limits on upfront cash under the Dodd-Frank Act
Barnier draws UK lawmakers’ fire over new European supervisory structure
UK parliamentarians cross-examine European Commissioner for internal market regulation Michel Barnier on how much power new European supervisory authorities will have over national regulators
Industry doubts disclosure will drive remuneration reform
Think tank CSFI unsure of merits of transparency as focus on remuneration grows
Compensation: A political problem
Rulemakers are falling over themselves to introduce measures to link remuneration more closely with risk, in an effort to appease an irate public. But will their new rules work in practice, and will they have the desired effect of making compensation…