FSB To Question Banks On Comp Policies

The Financial Stability Board plans to question banks and regulators on implementation of compensation guidelines adopted by the European Union, reports Bloomberg.

The Financial Stability Board plans to question banks and regulators on implementation of compensation guidelines adopted by the European Union. The FSB review will “assess the different approaches to implementing” through “a sample of major firms directly” and national regulators. The European Banking Authority is conducting a separate review on how effectively banks are implementing the guidelines.

Click here to read the story from Bloomberg.