Sentence examples for clawback rules from inspiring English sources

Exact(4)

Clawback rules on bonuses, we are constantly told, are stricter here, creating recruitment headaches when Wall Street banks are on the prowl.

Two of the FRC's latest, and tough, rule changes are Lord Sharman's recommendation that companies include a statement of "going concern" and set out the main risks to the business, and new clawback rules for past performance-related pay.

After SOX 304, Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act introduced clawback rules in 2010 requiring firms to adopt and enforce clawback provisions themselves.

The S.E.C.'s proposal for new corporate clawback rules, announced last week, will apply to almost every company that is traded on one of the stock exchanges, so the rules could affect executives of most large companies.

Similar(56)

It has also adopted a new clawback rule for failed banks.

The F.D.I.C. has also adopted a new clawback rule for failed banks that would allow it to try to reclaim two years worth of executive compensation.

Mr. Cohen compared the new clawback rule to those that the large banks instituted after the financial crisis under pressure from regulators.

A clawback rule is supposed to ensure that if uptake is higher the firm should share the extra profits with the public.

The SEC's proposed rules on clawbacks under Dodd-Frank have still not been finalized (and it does not appear that they will be finalized any time soon).

Based on the facts as we currently know them, it would be difficult to prove Tolstedt met the rule's clawback criteria, since it's not known if she actually engaged in the fraud herself.

"The clawback provisions are contained within the rules of the company's annual bonus plan, which also gives the committee discretion not to award bonuses in certain circumstances".

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