BCBS 166

From Open Risk Manual

Definition

BCBS 166 is a document published by the Basel Committee on Banking Supervision on January 2010 in the Supervision category.

Title

Compensation Principles and Standards Assessment Methodology.

Abstract

The Basel Committee on Banking Supervision's Compensation Principles and Standards Assessment Methodology aims to guide supervisors in reviewing individual firms' compensation practices and assessing their compliance with the FSB Principles for Sound Compensation Practices and their implementation standards. It seeks to foster supervisory approaches that are effective in promoting sound compensation practices at banks and help support a level playing field.

Document Profile

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Disclaimers

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