Deloitte expert to advise MPs on bonuses

Deloitte expert to advise MPs on bonuses

Carol Arrowsmith to speak to Treasury committee on remuneration packages

The all-party Commons Treasury Committee has invited Deloitte partner Carol
Arrowsmith, among other expert witnesses, to advise MPs on the effect of
excesses in remuneration and incentive packages for bankers and senior bank
staff.

The session takes place at 2.30 pm this Wednesday, 19 November.

A statement from the committee said it was concerned at the relationship
between the structure of remuneration packages and excessive risk-taking within
financial institutions and would look at how incentives can be restructured to
best promote long-term sustainable growth and financial stability, both at the
institutional and system-wide levels.

MPs also want advice on the extent to which the FSA should intervene, the
role of board remuneration committees and shareholders, the need for a
coordinated/international approach and good practice on the disclosure and
transparency of arrangements.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource