September 12, 2016

G20 measures to reduce bank misconduct risk via banking remuneration and culture

Guerdon Associates

At the recent G20 meeting, the Financial Stability Board (FSB) described the progress made since the previous progress report (in November 2015) across the various streams of work, focusing on recent work relating to incentives. The report, published on 1 September 2016, provides an indication of how the continued focus on bank remuneration and culture may further play out.

The FSB made some interesting observations relevant to how bank remuneration and culture should be regulated.

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