Annex I
Effective from Apr 30 2012 - Apr 29 2012
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Information template to be completed by banks filing a complaint
| 1. Date the complaint is filed | 2. Date(s) of the events that are the object of complaint | ||
| 3. Identity of complaining bank (Firm 1) | 4. Identity of firm that is object of the complaint (Firm 2) | ||
| 5. Home jurisdiction of Firms 1 and 2 | 6. Jurisdiction where the complaint has arisen | ||
| 7. Description of the complaint, including the specific P&S involved and the reason why the specific compensation practice is inconsistent with the P&S. | 8. Nature and magnitude of the competitive disadvantage caused by the inconsistent application of the P&S | ||
| 9. Information about the employee(s) at Firm 1 (rank, title, function, whether designated as Material Risk Taker) | 10. If relevant, information on the employee(s) at Firm 2 (rank, title, function, whether designated as Material Risk Taker) | ||
| 11. Information on relevant elements of the pay practices or package at Firm 1, including for example: | 12. Information on relevant elements of the pay practices or package at Firm 2 (on a best effort basis), including for example: | ||
• Actual payouts and bonus • Relationship between fixed and variable remuneration • Deferral arrangements • Clawbacks • Guarantees | • Actual payouts and bonus • Relationship between fixed and variable remuneration • Deferral arrangements • Clawbacks • Guarantees If relevant elements of the pay package are not available, please provide other evidence that supports the complaint. | ||
| 13. Other information (applicable in the case of an employee move), for example: | |||
• Whether the firm can confirm that the difference in pay package is the most important / an important reason for an employee move. • Whether the employee received a higher base salary, a higher expected bonus or a promotion in title by moving to the new firm. | |||