Authors: Mirit Ehrenstein, Louise Mason

At a glance: employment and incentives developments, November 2023

Topics include: bonus clawback not restraint of trade; reasonable steps to prevent sexual harassment duty; Regulations codify retained EU and domestic case law; spent convictions disclosure reform; administrator not an “officer”; new offence of failure to prevent fraud; tax treatment of employment-related securities; bonus cap removed; revised approach to Corporate Governance Code changes; FCA letter to financial sector RemCo chairs; TPT’s Disclosure Framework; updated MiFID II guidelines; EBA consults on crypto-assets; Ofwat report on executive pay; global plans update.