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Rewards for proper culture not yet reflected in PB payouts: Synpulse

Planning, risk and strategy in business, businessman and engineer gambling placing wooden block on a tower.

Leading international private banks have incorporated risk-based considerations with an incentive system for front office staff, but the impact on bonus payouts remains unclear, according to a survey conducted by Synpulse in 1H19. Following the trend from the UK and EU, multiple regulators in Asia have created schemes focused on better culture and conduct. From the Hong Kong Monetary Authority’s…

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