Brussels, 15/10/2014 (Agence Europe) - In a report published on Wednesday 15 October, the European Banking Authority (EBA) expresses the view that most new forms of premiums ('role-based' or 'market value' allowances) paid to their senior staff by 39 banks do not constitute fixed remuneration.
According to the European authority, in order to be considered fixed remuneration, “these role-based allowances should have the following specific characteristics: - be permanent (…);...