Last year a post on this blog noted that the Swiss Financial Market Supervisory Authority (FINMA) had published a consultation paper concerning a new framework for remuneration schemes within financial firms. To bring this up to date: in November 2009, FINMA published Circular 2010/1: Remuneration Schemes - Minimum standards for remuneration schemes of financial institutions, available here (pdf). Further information is available here.Monday, 8 February 2010
Switzerland: minimum standards for remuneration schemes of financial institutions
Last year a post on this blog noted that the Swiss Financial Market Supervisory Authority (FINMA) had published a consultation paper concerning a new framework for remuneration schemes within financial firms. To bring this up to date: in November 2009, FINMA published Circular 2010/1: Remuneration Schemes - Minimum standards for remuneration schemes of financial institutions, available here (pdf). Further information is available here.
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