BBA responds on remuneration: BBA's response to EBA's consultation on the remuneration guidelines says EBA has not properly thought through the effects of its proposals on longer-term incentive plans. It says the proposals would make the use of performance incentivising plans unattractive and lead to increases in fixed pay as an alternative. It also criticises the proposal to remove the proportionality principle. It says many EU countries have excluded smaller banks from the legislative requirements and should continue to be allowed to do so. (Source: BBA Responds on Remuneration)