Cebs remuneration report criticised over lack of detail

LONDON – The Committee of European Banking Supervisors (Cebs) has issued its Report on national implementation of Cebs high-level principles for remuneration policies, finding “considerable progress in the field”. However, the body faces criticism from some quarters for being too vague.

The report was drafted based on questionnaires sent out to financial institutions across Europe, and seeks to assess banks’ progress on implementing more advanced remuneration policies, factoring in risk

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