Thursday, 21 June 2012

FSB progress reports: strengthening financial stability and sound compensation practices

The Financial Stability Board has published a progress report - see here (pdf) - regarding the implementation of its Principles for Sound Compensation Practices (here, pdf) and their Implementation Standards (here, pdf). According to the report, almost all FSB member jurisdictions have implemented the Principles within national regulation or supervisory guidance. The FSB has also published a progress report - see here (pdf) - with regard to the implementation of the G20 Recommendations for Strengthening Financial Stability. More detailed information is available here, arranged by country.

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