Tag Archives: submissions
U.S. pay czar says he can “claw back” exec compensation
Reuters – Kenneth Feinberg, the Obama administration’s pay czar, said on Sunday he has broad and "binding" authority over executive compensation, including the ability to "claw back" money already paid, and he is weighing how and whether to use that […]
EU hedge-fund rules will lead to IFSC exodus, Dail warned
Independent – A new EU directive aimed at tightening up the regulation of hedge funds could be counter-productive and cause a mass exodus of business from the International Financial Services Centre, a Dail committee was told yesterday. The directive, being […]