G-20 signs up to FSF compensation principles


LONDON - Regulatory commitment to reforming financial remuneration is now international. The G-20 agreement to implement the 'Principles for sound compensation practices' presented to it by the Financial Stability Forum (FSF) was one of the less contentious decisions for heads of state in London on April 2. The urgent need to reform compensation structures at financial institutions is one of the issues national authorities and taxpayers can most readily agree on in the wake of the financial c