How to deal with Bafin’s remuneration circular

Author: | Published: 5 May 2010

At the end of last year the German Financial Supervisory Authority (Bafin) introduced an immediately effective circular on risk-related remuneration. The head of legal at an investment bank in Frankfurt explains how the bank devised an internal assessment structure and complied with the new rules.

The circular, Prudential Requirements for Institutions' Remuneration...