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On November 12, 2015, the EBA published a report on the use by banks of the possibility to increase the maximum ratio between variable and fixed remuneration up to 200% with shareholder approval.
On November 12, 2015, the EBA published a report on the use by
banks of the possibility to increase the maximum ratio between
variable and fixed remuneration up to 200% with shareholder
approval. Under the CRD, the ratio is limited to 100% unless a
Member State allows firms to increase the ratio provided certain
criteria are met. All Member States, except for Belgium, Romania,
Slovenia and Sweden, have allowed firms the ability to increase the
ratio. Only firms in 15 Member States have used that ability. The
report also notes that firms have made use of the increase in
Member States where remuneration levels are higher.
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