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Bankers wary of backlash if Britain ditches bonus cap to cut EU …
www.malaymail.com
· Simon Morris, a partner at CMS law firm, said removing the bonus cap is a good idea. “Abolition will send out a powerful signal that London is a free-market venue that rejects the old EU constraints. But one caveat - a bank should be freed to award unlimited bonuses only if it can demonstrate that it is adequately managing risk by other means ...
US financial bill puts Europe behind the curve
www.reuters.com
by Ben Berkowitz regulation,” said Simon Morris, a partner in the financial services department at law firm CMS Cameron McKenna in London. “Either Europe will catch up very soon or Europe will do something equally restrictive in a different field which ...
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