UK regulators propose shorter deferral periods for bankers' bonuses to boost competitiveness.

UK financial regulators are proposing to ease restrictions on bankers' bonuses. For senior bankers, the deferral period for bonuses could be reduced from eight to five years, and for less senior staff, it could drop to four years. This move aims to simplify regulations and support competitive risk-taking in the financial sector, though critics warn it could lead to excessive risk-taking.

November 26, 2024
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