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Archive for the CRD rules Category

Home → CRD rules

Impact of EU bonus cap on Bank-owned asset managers

On July 10, 2013   /   CRD rules, Fishtank, Remuneration  

Bank-owned asset management groups will be put at a “significant disadvantage” to independent and insurance-owned fund houses under new, divergent remuneration rules in Europe. From 2014, senior asset management staff at banking organisations will see bonuses capped at 100 per cent of fixed salary, or 200 per

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