Monday, 7 May 2012

UK: forthcoming legislation - directors' remuneration and banking reform

On Wednesday this week the Queen's Speech will be delivered in Parliament, in which the Government's forthcoming programme will be set out. Reports in today's Financial Times suggest that the speech will contain, amongst other things, the Government's proposals on directors' remuneration and banking reform. With regard to the latter, The Guardian newspaper reports that a White Paper is expected in June, when the Chancellor delivers his annual Mansion House speech, outlining how the Government intends to implement the Vickers recommendations.

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