2013-11-26

Added 2026-08-21

Temporary Order – Implementation of Disclosure Requirements According to Layer 3 of Basel – Disclosure Regarding Compensation

This temporary order amends the Supervisor of Banks' Public Disclosure Requirements to implement Basel III Pillar 3 disclosure standards for remuneration, effective January 1, 2014. It introduces new definitions for key terms such as clawback, malus, and deferral periods, and mandates specific qualitative and quantitative disclosures regarding remuneration policies, risk alignment, and variable compensation for senior management and other key employees. The order updates specific pages within the existing disclosure framework to align with Basel Committee guidelines and includes detailed tables for reporting remuneration data.

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