Document ID: chunk:federal_register_of_legislation:F2023L01348:reg:13
Version: federal_register_of_legislation:F2023L01348
Segment Type: reg
Provision Reference: reg 13
Character Range: 42904–44114

13  A description of the ways in which the APRA-regulated entity defers and adjusts variable remuneration to take account of longer-term performance, including risk performance. This must include:
        (i)         an overview of the processes and tools for adjusting variable remuneration, including criteria and triggers for each tool; and
        (ii)         an overview of the policy for deferral and vesting of variable remuneration.

Remuneration outcomes
69.         An APRA-regulated entity must disclose remuneration outcomes for the financial year as set out in Table 2. Disclosure for the purposes of Table 2 must be on the basis of:
(a)          current financial year awards that are not subject to conditions, and includes payments for the current financial year made following the end of the financial year; and
(b)          prior financial year awards that satisfied all conditions during the financial year.

Table 2 Remuneration outcomes for the financial year
                       A$m                                                                                            CEO  Other senior managers  Highly paid material risk-takers  Other material risk-takers
Fixed remuneration