BCBS issues final version of report on financial sector pay

Central Banking Newsdesk
13 May 2011

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The final report on pay from the Basel Committee on Banking Supervision, Range of methodologies for risk and performance alignment of remuneration, is intended to enhance banks' and supervisors' understanding of risk-adjusted remuneration.

The committee expected that "by providing some clarification on the design of risk-adjusted remuneration schemes, [it] could support and facilitate the greater adoption of sound practices in the banking sector and eventually, the convergence towards best

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