Consultation on disclosure of bank executives' pay
Close date: 14 February 2012
The Government consults on proposals to require banks that have assets exceeding £50 billion to disclose the pay of their eight highest-paid non-board executives. Banks will not be required to publish the name or title of the recipient, but will be required to disclose the pay of each individual, split into fixed, variable and deferred variable remuneration, long-term incentive scheme vestings, pension accruals, joining benefits and severance benefits.
Consultation document: Bank executive remuneration disclosure: consultation on draft Regulations (PDF format, 3.53MB) (on the HM Treasury website)