Abstract
Click to increase image sizeClick to decrease image size Notes 1. “Declaration Summit on Financial Markets and the World Economy,” G20.org, November 15, 2008, http://www.g20.org/Documents/g20_summit_declaration.pdf; “Leaders Welcome G20 Action Plan,” BBC News, November 16, 2008, http://news.bbc.co.uk/1/hi/business/7732056.stm. 2. The FSF principles for sound compensation practices aim to ensure effective governance of compensation, alignment of compensation with prudent risk taking and effective supervisory oversight and stakeholder engagement in compensation. See “FSF Principles for Sound Compensation Practices” (Basel, Switzerland: Financial Stability Forum, April 2, 2009), http://www.fsforum.org/publications/r_0904b.pdf. 3. On April 2, 2009, the G-20 leaders agreed to broaden the mandate and strengthen the institutional basis of the Finacial Stability Forum, and so reestablish it by renaming it the Financial Stability Board. See Financial Stability Forum, “Financial Stability Forum re-established as the Financial Stability Board,” press release, April 2, 2009, http://www.fsforum.org/press/pr_090402b.pdf. Additional informationNotes on contributorsJörg AsmussenJörg Asmussen is state secretary of the Federal Ministry of Finance in Germany
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