UNI Finance weekly news update, 20 May 2009

Financial Crisis
No one’s work performance is worth $51,000 per hour - 18.05.2009
US executive pay on performance will include private equity barons.
Fight the crisis: Put people first! UNI europa marches with ETUC - 18.05.2009
More than 50 000 people took part in the demonstration in Brussels.
Germany: ver.di criticises bad-banks-model - 18.05.2009
UNI Finance supports ver.di's demand on full transparency on toxic assets. Ver.di does not see an all-clear for taxpayers regarding the bad-banks-model of the government.
EU Commission takes UNI Europa Finance bottom up approach into account - 15.05.2009
At this Monday's consultation meeting with DG MARKT, the Commission revealed that structured dialogue between supervisors and finance unions is part of the proposal on a new supervisory structure
Note on the U.S Trouble Asset Relief Program (TARP) - 11.05.2009
The TARP is part of the Emergency Economic Stabilization Act of 2008 enacted on 3 October 2008. This act was passed with the goal of stabilizing the economy by thawing the frozen credit markets.
UNI Finance adresses EU high level conference on financial supervision - 08.05.2009
Head of UNI Finance, Oliver Röthig, sent the clear message to the Commission, supervisors and other stakeholders that finance unions must be on board in discussions on a new EU supervisory system
UNI Finance welcomes EU policy on remuneration in finance sector - 06.05.2009
UNI-Europa Finance welcomes this initiative aiming at ensuring that remuneration policies are consistent with effective and sound risk management.
Other news
Danish court exonerates UNI Finance President of insider dealing - 15.05.2009
The supreme court confirmed the position of FSU that employee representatives on a company's board can share insider knowledge with their union. The ruling strengthens union rights throughout Europe.
Sasbo's survey on stress - 11.05.2009
UNI Finance affiliate Sasbo, from South Africa, commissioned a survey on work-related wellbeing. The objective of this was to assess the stress levels of members.
ADB 2009 - Global Unions in Asia Pacific region call for labour desk - 08.05.2009
80 trade union leaders from BWI, PSI, and UNI Global Unions, along with FES, were at the 42nd Annual Meeting of the Board of Governors of the Asian Development Bank in Bali, Indonesia May 2-5 2009.
Future Meetings
UNI Europa Finance CBN conference, Budapest, Hungary
04.06.2009 - 05.06.2009“Concluding Collective Agreements in the Finance Sector under Different National Prerequisites”, Budapest, Hungary, 4-5 June 2009
UNI Europa Finance Steering Group meeting, Prague, 18.6.2009
18.06.2009 - 18.06.2009The next UNI-Europa Finance steering group meeting is scheduled to take place in Prague, Czech Republic on 18 June 2009
UNI Finance workshop, Prague, Czech Republic, 19.6.2009
19.06.2009 - 19.06.2009 - On 19 June the will be a UNI Finance workshop with bank and insurance unions in Central and Eastern Europe with the participation of the members of the UNI Europa finance Steering group
Danske Unions Conference
14.09.2009 - 16.09.2009
EU Social Dialogue Insurance Working Group (?)
22.09.2009 - 22.09.2009
EU Social Dialogue Insurance Plenary (?)
23.11.2009 - 23.11.2009
UNI-Europa Finance Conference
10.12.2009 - 11.12.2009
["(?)" = not confirmed]
UNI Finance is the Global Union for the banking and insurance industries. We represent 237 trade unions and 3 million workers worldwide.
UNI Finance est le syndicat mondial des secteurs banque et assurance. Nous représentons 237 syndicats et 3 millions de travailleurs dans le monde.
UNI Finanzas es el sindicato global para los sectores bancario y de seguros. Representamos a 237 sindicatos y a 3 millones de trabajadores
y trabajadoras del mundo entero.
UNI Finanz ist die Global Union für den Banken- und Versicherungssektor. Wir vertreten 237 Gewerkschaften und 3 Millionen Beschäftigte weltweit.