Bank of England and Financial Conduct Authority reduce deferral period from eight years to fourUK regulators will speed up bonus payouts for high-earning bankers, watering down another key change introduced in the wake of the 2008 financial crisis.Since 2015 senior bankers have had to wait eight years before receiving their full bonuses to ensure individuals could be held financially accountable for any wrongdoing that came to light years later, or even after they left the bank. Continue reading...
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