Monday, 13 October 2008

FSA on pay

The FSA has released an initial statement on pay which you can download here (PDF).


Nick Drew said...

on a quick read-through this seems to be a statement of the bleedin' obvious

there is nothing new here: all the bad practices listed have long since been identified

the Governance section is particularly unsettling: do they really need to reinforce any of these very basic points ?

(well, obviously they do !)

Tom P said...

Yeah there's some really basic stuff in there. Majority independents on rem committees. wow. not.