The excessive risk-taking at banks might account for the failure of financial undertakings as
well as to systemic problems in the European Union and around the world. The inappropriate
design of remuneration systems in many financial institutions is reported to induce such
risk-taking. The EU regulators have intervened through legislative measures which have been
differently implemented in Member States. Such legislative measures face critics due to the
restriction in banks' freedom of business. However this book will point out that regulations
are necessary and can be justified in order to protect the common good of a sound functioning
financial market. Nevertheless the effectiveness of current legislative provisions is
challenged. Therefore this book will critically analyse the legislation of bankers'
remuneration focussing on relevant EU UK and German measures.
