An organization that tries to coordinate regulation of financial services firms around the world is suggesting that Goldman Sachs and other global banks identify the “types of employees considered as material risk takers” and how they are compensated.
The Basel Committee on Banking Supervision Monday issued “for consultation” a series of proposed disclosure requirements on how risk takers are compensated, according to postings on the web site of the Bank for International Settlements, which tries to coordinate actions of central banks and promote international financial stability.
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