HC-5.2 HC-5.2 Remuneration Committee
HC-5.2.1
The board should establish a remuneration committee of at least three
directors which should:(a) Review thelicensee's remuneration policies for theapproved persons , which should be approved by theshareholders and be consistent with the corporate values and strategy of thelicensee ;(b) Make recommendations regardingremuneration policies and amounts forapproved persons to the whole board, taking account of totalremuneration including salaries, fees, expenses and employee benefits; and(c) Recommend board member remuneration based on their attendance and performance.January 2014HC-5.2.2
The committee may be merged with the nominating committee.
January 2014