The disclosures described in this chapter provide information on a bank's remuneration policy, the fixed and variable remuneration awarded during the financial year, details of any special payments made, and information on a bank's total outstanding deferred and retained remuneration.

Version effective as of 15 Dec 2019

First version in the format of the consolidated framework.

Introduction

35.1 The disclosure requirements under this section are:

(1) Table REMA - Remuneration policy

(2) Template REM1 - Remuneration awarded during financial year

(3) Template REM2 - Special payments

(4) Template REM3 - Deferred remuneration

35.2 Table REMA provides information on a bank's remuneration policy as well as key features of the remuneration system.

35.3 Templates REM1, REM2 and REM3 provide information on a bank's fixed and variable remuneration awarded during the financial year, details of any special payments made, and information on a bank's total outstanding deferred and retained remuneration, respectively.

 35.4 The disclosure requirements should be published annually. When it is not possible for the remuneration disclosures to be made at the same time as the publication of a bank's annual report, the disclosures should be made as soon as possible thereafter.

Table REMA: Remuneration policy