Mandatory bonus clawback rules could be introduced under aud

Mandatory bonus clawback rules could be introduced under audit reform plans


Financial News
Long-awaited audit reform plans to be published this week
By
Wednesday March 17, 2021 1:41 pm
A blueprint for the shake-up of the UK’s audit sector set to be published this week could include plans for the mandatory clawback of bonuses following corporate wrongdoing.
The audit reform whitepaper, due to be published on 18 March, will include proposals for the cancellation or clawback of directors’ bonuses where directors have failed to protect customers' and employees' interests, Sky News reported.
The...

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