Allen & Overy (A&O) has launched an online tool to help banks and hedge funds track and respond to the global wide push for reform of senior financiers' compensation structures. The product - dubbed FIG Global Compensation Tracker - is designed to allow financial institutions to keep up with the stream of national regulatory developments as watchdogs move to clamp down on pay packages that incentivise excessive risk-taking.
November 29, 2010 at 09:38 AM
1 minute read
The original version of this story was published on Legalweek
Allen & Overy (A&O) has launched an online tool to help banks and hedge funds track and respond to the global wide push for reform of senior financiers’ compensation structures.
The product – dubbed FIG Global Compensation Tracker – is designed to allow financial institutions to keep up with the stream of national regulatory developments as watchdogs move to clamp down on pay packages that incentivise excessive risk-taking.
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