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Clifford Chance

Clifford Chance


Russia Rolls Out Regulation of Bankers' Remuneration from 2015 (English)

19 August 2014

Effective 1 January 2014, a requirement was introduced to Russia's banking legislation stipulating that Russian banks' remuneration systems must adequately reflect the nature and scale of the operations carried out by the banks, the risks assumed by the banks and the financial results achieved.

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