Legal
Rogue bankers and their bosses face six years bonus clawbacks
Rogue bankers and their bosses will have to hand back bonuses up to six years after they have been paid, under tough new Bank of England proposals designed to curb City excesses. Under the far-reaching proposals, the Prudential Regulation Authority wants to extend the current “malus-provision” clawback rules from covering…
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Click here to read the full story: The Telegraph