The impact of regulation on remuneration in banks. An analysis of EU UK and German law

The excessive risk-taking at banks might account for the failure of financial undertakings as well as to systemic problems in the European Union and around the world. The inappropriate design of remuneration systems in many financial institutions is reported to induce such risk-taking. The EU regulators have intervened through legislative measures which have been differently implemented in Member States. Such legislative measures face critics due to the restriction in banks' freedom of business. However this book will point out that regulations are necessary and can be justified in order to protect the common good of a sound functioning financial market. Nevertheless the effectiveness of current legislative provisions is challenged. Therefore this book will critically analyse the legislation of bankers' remuneration focussing on relevant EU UK and German measures.