Controlled remuneration policy principles

Controlled remuneration policy principles


Recent history has shown that the remuneration of directors in the Dutch banking landscape is an important social issue. BinckBank will be subject to the full extent of the guidelines of the Financial Enterprises (Remuneration Policy) Act (Wbfo) with effect from 1 January 2016. In consideration of the legally required cap on variable remuneration as a percentage of the fixed salary, the supervisory board has devoted a great deal of attention to recalibrating and resetting the executive remuneration. The supervisory board considers it extremely important that the structure and amount of the remuneration be commensurate with the developments in the market as well as the personal and collective performance of the board members and BinckBank’s internal remuneration policy.

 

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