Basel Committee releases proposals for pay

basel-hq

The Basel Committee on Banking Supervision on Thursday released a report highlighting various methods to reduce risk taking by changing wage structures.

The report provided a picture of current pay practices and clarification on the design of risk-adjusted pay schemes. The report also discussed how incentive payments should be managed from their calculation through to their accrual, validation and pay-out stage.

Performance measures

The committee said the choice of performance measures used by f

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