CBRC regulates the compensation mechanism of commercial banks

BEIJING, March 10 (Ouyangjie, Zhou Xiuyuan) CBRC recently issued the "prudent supervision of commercial banks" guidelines, from the regulatory point of view of the banking compensation system to standardize, and urge commercial banks to improve the commercial banks pay incentive and restraint mechanism to prevent improper incentives or excessive incentive, The lack of linkage with risk leads to the imprudent behaviour of the banking staff.　　It is stipulated that the performance remuneration of the main principal of the bank shall be within 3 times times of its basic remuneration.　　"The guideline" divides the remuneration into fixed salary, variable salary, welfare income three parts, fixed salary namely basic salary, variable salary including performance pay and medium and long term incentive, welfare income including insurance premiums, Housing Provident Fund and so on. The CBRC responsible person introduces, "the guideline" stipulates to take the compensation part deferred payment to reduce the risk, stipulates the payment period and the corresponding business risk duration to maintain the consistent, lets the staff undertake the business risk, avoids the high salary stimulation the high-risk business, appears the bank loss, the staff high-paying situation. The guidelines specifically provide for the payment of remuneration of senior bank managers, executives and employees who have a significant impact on the risk, the performance pay of more than 40% of the deferred payment, the period of not less than 3 years; among them, the proportion of the deferred payment for performance compensation of the main senior managers should be higher than 50%, Conditional should strive to reach 60%. Sourceph ">