Details out on likely global bankers pay rules

27th December 2010, Comments 0 comments

Basel, Switzerland GenevaLunch - The Basel Committee of the Bank for International Settlements has published for consultation its Pillar 3 proposed requirement for banks to regulate remuneration: notably, the long-term relationship between performance and various types of remuneration such as bonuses. The BIS published an initial outline in July 2010, but Monday 27 December it ...

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