+12 Remuneration of control functions

12 Remuneration of control functions

195.The internal control functions should be independent and have sufficient resources, knowledge and experience to perform their tasks with regard to the institution ’ s remuneration policy. The independent control functions should cooperate actively and regularly with each other and other relevant functions and committees with regard to the remuneration policy and risks which may arise from remuneration policies.

196.The remuneration of staff in the independent control functions should allow the institution to employ qualified and experienced personnel in these functions. The remuneration of independent control functions should be predominantly fixed, to reflect the nature of their responsibilities.

197.The methods used for determining the variable remuneration of control functions, i.e. risk management, compliance an d internal audit function, should not compromise staff’s objectivity and independence.

1. Översikt

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Rubrik Reglering

1.1 Referenser

1.2 Identifierade krav

1.3 Relaterade standarder

2. Identifierade krav

Krav
Källa Krav

3. Relaterade standarder

Standarder
Källa Krav
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