- BIS has published Guidance for employers on whistleblowing, available here. It contains recommendations for writing and promoting whistleblowing policies, and a code of best practice.
- We have recently updated our multi-jurisdictional guide discussing potential employee issues in business transfers (first published in October 2013). The second edition reflects the law as at February 2015. The guide is a quick reference tool covering the key legal requirements in 32 jurisdictions in EMEA, South and Central America and Asia-Pacific, in a simple Q&A format. To request a soft copy of the fully updated guide, please click here.
- Our Incentives Group have published a briefing on the proposed guidelines from the European Banking Authority (EBA), which would extend the “bankers’ bonus cap” to a broader range of investment firms including certain AIFMs. Combined with the regulations governing the identification of “Code Staff”, this would mean the bonus cap could limit bonuses paid to any staff member of such firms whose fixed remuneration (primarily salary) is £120,000 (€166,667) or more. The FCA is strongly encouraging all firms to respond to the consultation, which is open for responses until 4 June 2015. Please click here to read our full briefing on the topic, including our views on arguments that the EBA’s view is based on a mistaken reading of the Capital Requirements Directive (CRD4).
Key contacts
Steve Bell
Managing Partner - Employment, Industrial Relations and Safety (Australia, Asia), Melbourne
Emma Rohsler
Regional Head of Practice (EMEA) - Employment Pensions and Incentives, Paris
Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.