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The international context
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Following the financial crisis, in 2009 the Financial Services Board issued International Principles and Standards on Sound Compensation Practices. These were endorsed by the G20 Leaders at their Summits in London in April 2009 and Pittsburgh in September 2009

 
FSF Principles for Sound Compensation Practices (April 2009)
FSB Principles for Sound Compensation Practices. Implementation Standards (September 2009)