30 Jul 2014

(Un)Lucky number seven

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Employment and employee incentives alert email

The Prudential Regulation Authority (PRA) has published its finalised rules on the compulsory application of clawback to variable incentives for seven years. New consultations have also been released on a range of issues, including the extension of the new clawback rules to Financial Conduct Authority (FCA) regulated firms, and extended deferral/vesting and clawback periods for senior individuals.

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