Brussels, 29/04/2009 (Agence Europe) - On Wednesday 29 April, the European Commission adopted two non-binding recommendations on remuneration policies in the financial services sector. The first amends a 2004 recommendation on the remuneration of directors of listed companies (see EUROPE 8799) and the second brings in principles related to remuneration of finance employees whose job is to take risks by investing in the market. “Up to now, there have been far too many perverse incentives in...