The AFM and DNB are tightening their supervision of the remuneration policies of financial undertakings. The stricter guidelines will be set out in the Decree on Controlled Remuneration Policy, which is expected to come into force on 1 January 2011. Under the new rules, a controlled remuneration policy would require:
- a risk analysis to be carried out
- measure to be taken to mitigate or control the risks
- a remuneration policy to be in written form and made public.