APS 330 Remuneration Disclosures
Australian Prudential Standard APS 330 'Public Disclosure', requires ADI's to undertake periodic disclosure of information on their capital adequacy, capital instrument and remuneration practices to contribute to the transparency of financial markets and to enhance market discipline.
The revision of APS 330 in June 2013 has seen an increase in the required disclosures from those previously presented. Effective from 31 August 2013, the Bank of Queensland Group ("the Group") has disclosed qualitative and quantitative information on its remuneration practices.
The lodgement date for these annual disclosures is within three months of lodgement of the Bank's annual financial report.