记者观察

Reporter observed

　　据媒体报道，日前有研究机构发布的调查结果显示，中国银行(601988,股吧)业对于薪酬的披露水平仅为美国1992年的水平。在薪酬披露方面，美国1978年规则就要求披露在职消费的额外补贴，中国规则迄今没有要求。

According to media reports,Recently some research institute issued according to the results of the survey,The bank of China(601988,guba)Industry in the level of disclosure to pay only for the United States the level of 1992.In the salary disclosure aspects,The United States in 1978 rules require disclosure on-the-job consumption perks,So far, no Chinese rules requirements.

　　翻阅过往的年报，中国银行业年报大多披露的是高管薪酬总额，甚至不乏一些银行因为董事会审批等原因在年报中暂不披露高管薪酬的银行。而反观美国金融业高管薪酬披露，其所有当期薪酬项目都应予以披露，除基本工资及奖金外，基于非权益方案的激励薪酬、股票、期权、企业年金固定收益价值、递延薪酬在当期的收益以及“所有其他薪酬”都应予以披露。

Read the annual report of the past,Most of the China banking annual report disclosure is total executive pay,Even there is no lack of some Banks for examination and approval of the board of directors and other reasons in the annual report disclosure of temporary not executive pay bank.And in the United States financial disclosure executive pay,All of its current salary items should be disclosed,In addition to basic salary and bonus outside,Based on the equity incentive compensation plan/stock/option/Enterprise annuity fixed income value/Deferred compensation in the current income and"All other compensation"Should be disclosed.

　　银行的董事、行长等高管薪酬市场化、职务消费货币化是实现商业银行公司治理的重要问题，中国各银行金融机构在未实现完全利率市场化的背景下，保持利润高增长属必然，但部分银行高管获取远高出实体企业的薪酬，也越来越受到社会非议。事实上，银行对于薪酬披露不甚透明只是冰山一角，对于公司治理信息、董事会决议、理财产品风险等披露的不透明更是直接影响到投资者的切身利益。

Director of the bank/President and executive pay market/Post consumer monetization is the realization of corporate governance of commercial bank is an important problem,Chinese Banks financial institutions in the unrealized completely under the background of interest rate marketization,Keep the profit growth is inevitable,But part of the bank executives get far more than entity enterprise salary,Also more and more get social criticism.In fact,Bank for salary disclosure not very transparent is just the tip of the iceberg,For the corporate governance information/The decision of the board of directors/Financial product risk disclosure is not transparent but also directly affect the vital interests of investors.

　　有统计显示，2011年，瑞士银行通过交易所公布的文件数量2812个，摩根大通为2099个，而同期，中信银行(601998,股吧)通过上交所公布的文件数量为106个，其次工商银行(601398,股吧)为90个，内地其他14家上市银行多在50-60个，数量最少的是三家银行分别是华夏银行(600015,股吧)40个、浦发银行(600000,股吧)39个、南京银行(601009,股吧)37个。

Statistics show,In 2011,,Swiss bank through the exchange published documentation number 2812,Jpmorgan chase for 2099 a,Over the same period, the,Citic bank(601998,guba)Through the ShangJiaoSuo published the number of files for 106,Second industrial and commercial bank of(601398,guba)For 90 a,The mainland other 14 listed Banks in more than fifty - sixty,The number of at least three Banks were huaxia bank(600015,guba)forty/Shanghai pudong development bank(600000,guba)39/Nanjing bank(601009,guba)37.

　　外资银行公告的内容不仅仅是董事会决议，还有一些风险提示性的内容，一些大型银行因为未能充分披露信息甚至付出了巨额的代价。花旗银行就因被指控未能充分披露该行对各种次贷抵押贷款相关产品的风险敞口，以致许多投资者血本无归，不得不支付5.9亿美元了结诉讼。

Foreign Banks is not only the content of the announcement of the decision of the board of directors,There are some risk reminder of the content,Some big Banks because they could not full disclosure information and even pay a huge price.Citibank for was charged with failing to full disclosure of all kinds of the subprime mortgage related product risk exposure,So that many investors had lost their shirts,Have to pay $590 million to litigation.

　　而16家中资上市银行的信息披露大多只满足“合规”，甚至一些银行是在媒体和舆论曝出相关信息之后，才被动做出反应，银行对法律风险的自愿性披露积极性普遍不高。当前市场金融进一步深化，提高金融透明度不仅有助于强调金融机构的自律，更加有助于与公众的沟通，减少市场和公众的损失。作为日益开放的金融市场，充分的透明度可以使投资人更准确地度量和评估风险，从而更加活跃地进行交易，发现投资机会，树立市场信心。

16 and the information disclosure of Chinese listed Banks are only satisfy"compliance",Even some bank is in the media and public opinion to expose relevant information later,Just passive response,Bank to legal risks of voluntary disclosure enthusiasm generally is not high.The current market financial deepening,Improve the financial transparency of financial institutions not only helps to emphasize the self-discipline,More help and public communication,To reduce the loss of market and the public.As the increasingly open financial market,Full transparency can make investors more accurately measure and assess the risk,Thus more actively traded,Found investment opportunities,Establish market confidence.