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In response to a BBC report which argued that the British Bankers' Association held talks to cut premium payments this year, the BBA has denied throughout these discussions took place and said UK pay guidelines are now among the most difficult in the world.

"The way that compensation is structured has radically altered to agreements of the G20 and the United Kingdom now has the hardest scheme, the BAA said in a statement." "" Outside the UK, the concern on premiums is much more limited or hardly exist in all.?

British banks and branches of international banks to the United Kingdom pay staff of several billion pounds bonus in the coming months that until they reach the end of their exercises.

Total of which will be distributed estimates vary, but it is likely to exceed ￡ emissions, although much of this will be probably delayed several years after the UK regulator clamped holding industry compensation in the wake of the financial crisis.

Season 2009 bonus ￡ has been paid by banks, increased over the previous year, despite a one-off bonus tax designed to reduce excessive payments United Kingdom taxation 25pc.

United Kingdom banks pay industry rules are already heavier than several other large banks with business-oriented markets on the British needed to implement the code in all of their global operations.

On the other hand, banks based in the United States need only comply with the rules for the North America and are also free to pay their employees based non United States as seem them.

HSBC and Standard Chartered has been the most virulent in their complaints about the current controls the payroll and say to the United Kingdom rules are unfairly impede their businesses.

Speaking last month, Stuart Gulliver, new CEO of HSBC, said that the Bank could already point several cases of losing staff in Hong Kong, because it is legally forbidden to offer guarantees for two years for employees in service, where such arrangements are commonplace.

Banks are particularly concerned that they could troll on Asian markets, like the India and China, with the United States and able to provide packages of remuneration that they are unable to match local competitors.

Leading figures and institutions in the industry warned that banks could leave London to avoid the rules relating to remuneration.

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