GOV.UK
Closed consultation
Merlin executive remuneration disclosure
- From:
- HM Treasury
- Published:
- 6 December 2011
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
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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
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