APRA publishes Chair Wayne Byres’ speech for WiBF on remuneration consultation

15 Nov 2019

APRA publishes Chair Wayne Byres’ speech updating remuneration consultation

The Australian Prudential Regulation Authority (APRA) has published a speech on remuneration delivered this afternoon by Chair Wayne Byres to the Women in Banking and Finance Series Luncheon in Sydney.

In Remuneration: reactions and responses, Mr Byres shed light on the industry feedback APRA has received in response to its proposal to strengthen and clarify remuneration requirements in APRA-regulated entities.

Mr Byres’ comments included:

The full speech is available at: https://www.apra.gov.au/news-and-publications/apra-chair-wayne-byres-speech-to-women-banking-and-finance-series-luncheon