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Pay policies

The Financial Regulator has issued detailed questionnaires to the country's financial institutions ahead of pay policy proposals for the sector.

The Government has already introduced a pay ceiling of €500,000 on chief executives of the country's state-guaranteed lenders, but the regulator is looking to establish long-term policy guidelines for the broader financial sector, in line with an EU drive. Institutions are being asked about how their remuneration calculations take account of liquidity risk, cost of capital and the long-term sustainability of the firm.