Financial News

  • 30 July 2014, 10:55

Watchdogs Confirm Bank Bonus Clawback

The Prudential Regulation Authority and Financial Conduct Authority have published consultation papers aimed at improving banking sector responsibility and accountability.

The papers, aimed to strengthen bank bonus clawback regime, were first revealed on Tuesday by Sky News City Editor Mark Kleinman.

Full details of the plans, intended to make UK bankers operate under the strictest clawback rules in the world, will be published shortly on Sky News.

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