Related News
Binding Rules On Pay, Bonuses Studied
Source: Agencies |
September 6, 2011, Tuesday
|
Print Edition
Print Edition
THE European Banking Association is considering legally binding rules on bankers' pay and bonuses, its executive director said yesterday.
The EBA was last month tasked by the European Union to look into pay ratios as part of draft laws on capital and liquidity. It has until the end of 2013 to explore the issue.
"We might issue technical standards on remuneration" which would be legally binding, EBA executive director Adam Farkas said. "It is unlikely it would come before the end of this year," he said.
The rules would address bank remuneration in general, but would focus on bonuses, he said.
The EBA has been assessing the implementation of voluntary guidelines issued by its predecessor, the Committee of European Banking Supervisors.
The EBA was last month tasked by the European Union to look into pay ratios as part of draft laws on capital and liquidity. It has until the end of 2013 to explore the issue.
"We might issue technical standards on remuneration" which would be legally binding, EBA executive director Adam Farkas said. "It is unlikely it would come before the end of this year," he said.
The rules would address bank remuneration in general, but would focus on bonuses, he said.
The EBA has been assessing the implementation of voluntary guidelines issued by its predecessor, the Committee of European Banking Supervisors.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
