The G20 seems bent on regulating banker bonuses. It has proposed a cap on the size of the bonus pool banks can award. It also called for a longer-term time horizon for pay and clawback rights, should subsequent events necessitate them. Banks that do not comply with the new international rules will be subject to sanctions and possible fines, notes the Telegraph. 

These are not necessarily new ideas, but they certainly indicate the staying power of the issue. We'll see if any hard-and-fast rules stem from this. Reuters sent reporters out to gauge public opinion and reports indicate that there's still a lot of mainstream anger over banker bonuses. But the reality is that regulating pay is very hard. We're already seeing banks boost salaries to get around expected bonus rules. In the end, there may not be a lot that can be done. Bankers are always going to want to get paid. As long a they aren't draining the public.  

For more:
- here's the Telegraph article

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