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14 December 2010

AFME comments on CEBS guidelines on remuneration policies and practices


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"Diese Anforderungen stellen eine wesentliche Wettbewerbsbenachteiligung von in Europa tätigen Banken und europäischen Banken mit einem operativen Geschäft im Ausland dar", sagte Simon Lewis, CEO von AFME und forderte eine Einigung auf globaler Ebene zu diesem Thema.


 Commenting on the CEBS’s Guidelines on Remuneration Policies and Practices, issued today, Simon Lewis, Chief Executive of the Association for Financial Markets in Europe, said:
“Our members support measures that will reduce risk in the financial system and deferral of variable compensation has been standard practice in the industry for some time. Our members will, of course, comply with the new rules, although the timetable for implementation is very tight.“

Press release




© AFME

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