CEBS has published its principles on remuneration policies. The principles cover policies that apply throughout institutions, not just executive pay and cover:
- how to align company objectives with individual ones;
- transparency of policies;
- governance issues related to oversight and decision-making;
- performance measurement; and
- forms of remuneration.
CEBS wants the guidelines implemented by the end of Q3 2009 and will build the principles into its guidance on Pillar 2.