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: Australian Regulatory Compliance ReviewFinancial Stability Board Compensation Principles Implementation
In conjunction with the recent G20 meeting the Financial Stability Board has issued Implementation Standards for its Principles for Sound Compensation Practices for financial institutions.
The Implementation Standards contain detailed specific proposals on compensation governance, pay structure and risk alignment and disclosure to strengthen adherence to the FSB Principles, issued in April 2009. Compliance by national authorities will be reviewed in March 2010.
Full post as published by Australian Regulatory Compliance Review on September 26, 2009 (boomark / email).
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