Tuesday, November 02, 2010

Conforming to New Rules on Pay Linked to Risk


Recent circumstances in the financial sector have prompted regulators to employ special measures to try to jump-start markets, boost confidence and raise levels of supervision. One of the most controversial moves is variable pay linked to the level of risk undertaken, which forms part of a bill that modifies the European Commission’s Directive 48/2006.

To understand the impact of these new rules on Spanish companies in particular, IESE Prof. Sandalio Gómez and the consulting firm KPMG have published “Moving Toward a New Model of Differential Pay Adjusted for Risk in the Financial and Insurance Sector.”

See full Article.