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APRA Revised Draft Prudential Standard CPS 511 Remuneration

In: The Key Code and Advanced Handbook for the Governance and Supervision of Banks in Australia

Author

Listed:
  • Francesco de Zwart

    (University of Adelaide)

Abstract

To conclude this Part 4 on remuneration, Chap. 21 examines the APRA revised draft Prudential Standard CPS 511 Remuneration of November 2020. The examination begins with the APRA remuneration framework including the role of the Board in the oversight of the remuneration framework and review of the same. We then examine variable remuneration design, variable remuneration outcomes, variable remuneration of specified roles, deferral and clawback. The chapter concludes with APRA remuneration policy and other requirements of CPS 511.

Suggested Citation

  • Francesco de Zwart, 2022. "APRA Revised Draft Prudential Standard CPS 511 Remuneration," Springer Books, in: The Key Code and Advanced Handbook for the Governance and Supervision of Banks in Australia, edition 1, chapter 0, pages 713-731, Springer.
  • Handle: RePEc:spr:sprchp:978-981-16-1710-2_21
    DOI: 10.1007/978-981-16-1710-2_21
    as

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