UK bankers to access bonuses more quickly under new rules
( October 15, 2025, 09:08 GMT | Official Statement) -- MLex Summary: UK bankers will be able to access the full amount of their bonuses more quickly than before, as the Financial Conduct Authority and Prudential Regulation Authority have cut the bonus deferral period from eight years to four years. The new rules will come into force on Thursday. The update comes as the FCA and the PRA confirmed plans to increase flexibility around senior bankers’ pay, following a consultation. “These changes are the latest example of our commitment to boosting UK competitiveness,” PRA chief Sam Woods said in a statement.Statements are attached....
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