How a firm structures its compensation and incentives schemes must be aligned with its culture.
Observations
Nov 21, 2024Yesterday, the Financial Stability Board (FSB) published its latest report into the efforts of its member jurisdictions to reform compensation regimes to address misconduct and improve culture across the industry.
Observations
May 31, 2023Thomson Reuters Regulatory Intelligence recently published the 2023 edition of its annual "Costs of Compliance" report, displaying the results of its survey of more than 350 compliance officers in financial services firms globally. Respondents reported facing ever-increasing demands and stagnating budgets.