Banker bonuses to be paid faster after UK regulators loosen rules

The decision, which will be welcomed by the City, marks yet another rollback of post-financial crisis rules. Photograph: Neil Hall/EPA

UK regulators will speed up bonus payouts for high-earning bankers, watering down another important change introduced after the 2008 financial crisis.

Since 2015 senior bankers have had to wait eight years before receiving their full bonuses to ensure individuals could be held financially accountable for any wrongdoing that came to light years later, or even after they left the bank.