Finalised principles for compensation policies are issued by CebsLONDON - The Committee of European Banking Supervisors (Cebs) has published its finalised principles for remuneration policies within the European Union's banks.
The updated set of principles marks the end of a one-month public consultation period after the release of its initial principles on March 6 followed by a public hearing held on March 20.
Cebs says it will consider additional aspects for implementation of the guidelines within the context of Pillar 2 of the Capital Requirements Directive in the coming months.
The principles can be viewed here.
More on Operational Risk
Firms would benefit from using alternatives to Bloomberg
Ariane Chapelle sets out metrics and tools to keep firms within their risk appetite
Neeta Aktar highlights clear communication and focus on customer service over sales
Senior auditor calls for mix of metrics and judgement
Sign up for Risk.net email alerts
Sponsored video: Elseware
Oxford professor David Vines argues that the carrot is as important as the stick
Sponsored webinar: IBM
Watch highlights of this year's London conference
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.