The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have proposed new rules that would seek to change how bankers behave and are paid.
In two joint consultation papers the regulators have recommended approval regimes for senior management and changes to the way bonuses are paid. The proposed 'Senior Managers Regime' would require...
$17trn of debt is now ‘paying’ a negative yield
47 million Brits without financial advice
Faces substantial prison term
General election on 12 December