Economist (January 5, 2011)
2011/ 01/ 06 by jd in Global News
The EU and Financial Services Authority (FSA) announced guidelines governing bonuses for the financial service sector. The Economist is not impressed, characterizing the guidelines “as remarkable and unhealthy regulation.” The Economist laments that “bad bonus rules are worse than bad bonuses” and may have unintended consequences that increase, rather than decrease, risk.
Tags: Bonuses, EU, Financial services, FSA
