逍遥法外电影大尺度未删减,伊人天堂网,蜜桃臀av在线,综合网天天,老炮儿电影未删减完整版下载,国内久久精品视频,风花电影在线观看完整版

National

Regional

Taiwan, HK, Macao

Special Coverage

Focus

Society

Profiles

CBRC denies regulating bankers' pay

(Xinhua)
Updated: 2009-09-25 02:37

BEIJING: China's banking regulator told Xinhua Thursday night it does not place limits on the pay of the country's commercial banks' top executives.

The China Banking Regulatory Commission (CBRC) said it noted that some of the country's media reported the CBRC was drafting a document to regulate the pay of bankers from commercial banks.

Related readings:  CBRC: Greed at root of global banking woes  China to tighten controls on banks' derivatives business  CBRC urges enhanced management against possible financial risks  China tightens rule on wealth management funds  Regulator urges banks to be cautious in lending

Every country was trying to correct the improper incentive mechanism to curb excessive risk-taking which sparked the current financial crisis, said the CBRC.

"The CBRC has been working with other relative departments on improving the wage incentive mechanism for the country's banking industry since last year," an official from the CBRC, who declined to be named, said in response to the media reports.

"The aim was to introduce scientific guidelines on incentive mechanism by integrating executives' pay and operation risks," said the spokesman, adding the CBRC is not directly responsible for regulating bankers' remuneration.

Detailed pay setting should be determined by individual financial institutions, according to the official.