A landmark reform of the Dutch bonus cap regime was approved by the Senate on 19 May 2026, fundamentally reshaping remuneration in the financial sector. The Dutch 20% bonus cap will largely be abolished and will apply only to Identified Staff. For the vast majority of employees in the financial sector, the bonus cap and
bonus cap
Removal of the bankers’ bonus cap
By Amanda Sanders (UK) on
With effect from 31 October 2023 the “bonus cap”, which previously limited the variable remuneration of certain bank staff to 100% of their fixed pay (or 200% with shareholder approval) has been abolished. The FCA and PRA in their consultation paper on this change highlighted that the removal of the cap is intended to help…


