Closed consultation

Merlin executive remuneration disclosure

Published 6 December 2011
From:
HM Treasury

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

We are analysing your feedback

Visit this page again soon to download the outcome to this public feedback.

Summary

Extending the remuneration disclosures of the highest paid non-board executives made under Project Merlin, to all major UK banks from 2012 onwards.

This consultation ran from
to

Consultation description

The aim of this consultation is to seek views on a mandatory requirement, from 2012, for large UK banks to publish the pay details of their eight highest paid senior executive officers.

We are inviting representations from all interested parties. Respondents should address any of the questions on which they feel they can make a contribution, as well as offering any further comments.

Background

In February 2011, the Government announced an accord between the UK Government and major UK banks under the name ‘Project Merlin’. As part of this announcement, the Government committed to consulting on extending the remuneration disclosures of the highest paid non-board executives made under Project Merlin, to all major UK banks from 2012 onwards.

Documents

Consultation document and impact assessment: Merlin Executive Remuneration Disclosure (PDF 3.6MB)

PDF, 3.53MB, 52 pages

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 6 December 2011