11  See Bebchuk and Spamann, “Regulating Bankers’ Pay.” Depending on how closely one would want to tie compensation to the prices of bonds, for example, there may be difficulties owing to the potential at times for interest rate risk fluctuations to overwhelm credit risk fluctuations in the price of debt instruments.
Later in the year, the President will also attend the plenary debate on it, which precedes the Parliament adopting its official position on our activities. This European Parliament Resolution is an important contribution for our work, as it summarises the views of the representatives of the European people on our actions and policies, also in the fields of independence, transparency, accountability and integrity.