Sentence examples for fixed allowances from inspiring English sources
However, Omar Ali, UK head of banking and capital markets at EY, said banks "will have already restructured their remuneration packages in accordance with the rules around fixed allowances" in anticipation of the EBA decision.
Such allowances mean that Stuart Gulliver, the chief executive of HSBC, will have received £2.7m a year before any bonuses because his £1m salary comes alongside a £1.7m a year fixed allowance.
The new payments are counted as fixed pay, which means banks can, with shareholder approval, pay bonuses of 200% of bankers' collective basic pay and fixed pay allowances.
Banks have turned to awarding fixed pay allowances after the EU ruled to cap bonuses to 200% of salary, even if shareholders wanted to approve higher payments.
Energiesprong, for example, utilises fixed energy allowances (as opposed to often meaningless energy performance labels) with 10-year performance guarantees from contractors and their suppliers which allow the creation of tradable, structured finance products to reduce the risk of investment in housing.
RBS executive directors can receive fixed based allowances of up to 100% of their salary.
Equation (6) states that the sum of all inputs, however they may be divided, is always equal to a fixed input allowance G.
Instead, a fixed inconvenience allowance was given to all participants after they completed all study assessments.
As this article argues, the overcapacity has come about as a result of two things: recession (which has pushed down industrial demand for carbon, even though the volume of carbon allowances is fixed for 2013-20) and one-off factors such as an increase in the number of carbon auctions.
Another suggestion is to make importers enter the ETS and buy European emissions allowances to cover their products (though squaring this idea with fixed Europe-wide caps on allowances sounds a nightmare).Yet listen to European industrialists, and they are saying something simpler: they may leave if carbon curbs make it more competitive to produce elsewhere.
