Friday 13 April 2012

Europe: implementation of the CEBS Guidelines on Remuneration Policies and Practices

The European Banking Authority has published the results of its survey of the implementation of the CEBS Guidelines on Remuneration Policies and Practices: see here (pdf). Whilst noting good progress with regard to the governance of remuneration, the report highlights areas of concern including, for example, the application of the proportionality principle and risk alignment practices.

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