Banks are subject to the Statutory Liquidity Ratio (SLR), whereby they have a legal obligation to hold 25% of their deposits in government securities.
The survey, one of the most significant attempts to gauge the public mood about fairness and inequality under the coalition, found significant support for statutory maximum pay ratios to prevent company executives earning more than 65 times the salary of the lowest-paid employee in their company.
In a report to be published on Monday, the pro-market organisation Civitas also argues that the Bank of England should be placed under a statutory duty to keep the ratio of average house prices to average earnings within a defined range, in order to help control demand and limit price rises.
"The pay ratio regulations will make it a statutory requirement for U.K. listed companies with more than 250 employees to disclose annually the ratio of their CEO's pay to the median, lower quartile and upper quartile pay of their UK employees," the Department for Business, Energy & Industrial Strategy said.
The one-to-one ratio was not grounded in statutory law or other maritime cases.
It was 20% back in 1968, but the statutory requirement on banks to maintain a sensible liquidity ratio was abandoned in 1981; it is now voluntary.
The one-nurse-per-eight-patients ratio is for guidance, but it should be made statutory.
The states have tried different methods to regulate punitive damages awards including (1) barring punitive damages altogether, (2) allowing punitive damages only when they are allowed by statute, (3) imposing a statutory limit in the form of an absolute monetary cap, and (4) imposing a maximum ratio of punitive to compensatory damages.
One technique would be to replace the current statutory debt limit with a glide path to a 50% ceiling on the debt-to-GDP ratio and empower the President to cut spending when we exceed the debt ceiling.
In addition, the high ratio of cases identified through abattoir (126) and fallen stock surveys (23) compared to statutory reporting (six) [ 8] suggests that the age-at-onset of clinical signs for atypical scrapie is much later than the commercial life-span of a sheep.
