Kendall Burnett

Dec 2, 2024 | jdsupra.com | Charlie Bowden |Kendall Burnett |Charlotte Collins

Proposals reflect drive to enhance the competitiveness of the UK regulatory landscape. On 26 November 2024, the PRA and the FCA published a joint Consultation Paper on changes to the remuneration rules (PRA CP16/24, FCA CP24/24). The changes are relevant to banks, building societies, and PRA-designated investment firms.

Oct 15, 2024 | jdsupra.com | Mark Austin |Kendall Burnett |Sarah Gadd

Recent reforms in the UK market have led to less prescriptive executive remuneration principles that encourage companies to tailor structures to their business, strategy, and performance while consulting with shareholders. On 8 October 2024, the Investment Association (IA) updated its Principles of Remuneration (and supporting guidance) (the IA Principles), which predominantly apply to UK-listed companies.

Apr 21, 2023 | jdsupra.com | Kendall Burnett |Richard Butterwick |Catherine Campbell

Those involved in M&A activity should view unions as major stakeholders and factor any possible or actual engagement obligations with them into an M&A deal process. Widespread economic pressure — including pay, inflation, and the ongoing cost of living crisis — has increased the visibility of unions and other employee representative bodies.