FSB has published a progress report on implementation of its compensation standards. The standards were published in 2009 in the immediate aftermath of the financial crisis. Now, almost all member jurisdictions have substantively implemented the principles and standards for banks. The key jurisdiction that has not fully implemented is South Africa. IOSCO has produced a section compensation practices in the securities sector which concludes that practices vary widely but most members have some compensation-related regulation in place.
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"Womble Bond Dickinson", the “law firm” or the "firm" refers to the network of member firms of Womble Bond Dickinson (International) Limited, consisting of Womble Bond Dickinson (UK) LLP and Womble Bond Dickinson (US) LLP. Each of Womble Bond Dickinson (UK) LLP and Womble Bond Dickinson (US) LLP is a separate legal entity operating as an independent law firm. Womble Bond Dickinson (International) Limited does not practice law. Please see www.womblebonddickinson.com/legal-notices for further details. womblebonddickinson.com