United Kingdom requires that banks do not promise to their employees big bonuses

British Financial Services (FSA) would punish banks if they offer employees bonuses of more than one year ahead.

regulator has notified CEO of 45 local banks, which by October is waiting for them to report on compensation policies. Since January 1, noted in a letter FSA director Hector Santsa, comes into force on the rule that the guaranteed bonus for the period more than one year may be incompatible with effective risk management. FSA proposals with the recommendations of theCouncil on financial stability, as well as the practice of Switzerland, the European Union and the United States, said the paper. In April, leaders of twenty have agreed on the control of the remuneration of bankers.

situation with bonuses in the British banking sector back on its own, fears the president of the board of directors FSA Ader Turner. In June, at a meeting of the parliamentary committee, he acknowledged that is aggressive recruitment of British banks. Director of Association of British banks Angel Knight said that fully supports the letter FSA as a matter of fact, but feared that the proposals of the regulator may limit the ability of British banks to attract talented staff.

Most managing directors receive a warranty for one year - said recruiters Cazar Search Bahadur Moussa. - While a lot of talk about change, however, when the market changes, banks will still need to attract the best talent, and if the need two-year warranty, they will.

in London and Frankfurt, Dresdner Kleinwort staff of more than 10 lawsuits filed with the requirement to pay them promised bonuses, which they lost after the absorption of Dresdner the second largest in Germany, Commerzbank, reported Bloomberg. The deal was closed in May, and in February, Commerzbank called investbankirov Dresdner Kleinwort (its operating loss as a result in 2008 will amount to $ 8.8 billion) to give up bonuses. The amount of their claims - more than $ 22 million

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