Conduct and Pay in the Financial Services Industry: The Regulation of Individuals

ISBN-13: 9781138680876 / Angielski / Twarda / 2017 / 311 str.

Thomas Ogg; Richard Leiper

Opis

In the wake of the 2008 banking crisis, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have introduced a new regime of regulatory legislation that will have far-reaching implications for the financial services industry in the UK. This new regime focuses mainly on two areas, conduct and pay. This book addresses the primary and secondary legislation that constitutes the new and former regulatory regimes. It includes the case law that has informed these changes, and conducts analysis from both a financial and an employment law perspective. It includes topics such as:

• SMCRs (Senior Managers Regime, Certification Regime, and the Conduct Rules)
• statutory "duty of responsibilities" for senior managers
• responsibility maps
• the updated Remuneration Code
• bonus disputes and clawback

Conduct and Pay in the Financial Services Industry considers the full extent of an individual s employment, from pre-contractual discussions to post-termination re-payments. It is therefore, a vital reference for lawyers and human resources professionals working within the financial services industry, both in-house and in private practice. It will also be of interest to all academics, regulators and policy-makers involved in this sector."

O autorze

Thomas Ogg is a barrister at 11KBW, practicing in financial regulation, employment and commercial law. He was previously seconded to the Financial Conduct Authority’s Enforcement Legal Group and its General Counsel Division, and now regularly advises on contentious financial services matters.

Richard Leiper QC is a leading specialist in City disputes, practising from 11KBW. He was instructed in the key remuneration cases, including Clark v Nomura and Commerzbank v Keen, and has advised both institutions and individuals involved in a wide range of financial transactions.