ST. ANDREWS, Scotland -(Dow Jones)- The Financial Stability Board will review how nations are implementing its principles on compensation of bank executives by the end of March 2010, and come up with a template to do so, Chairman Mario Draghi said Saturday.
"There is a great interest in the international scene that countries do implement these principles across the board," he said after the meeting of finance ministers and central bankers from the Group of 20 nations ended.
Asked about U.K. Prime Minister Gordon Brown's proposal earlier Saturday for a tax on financial transactions, Draghi declined comment, saying the issue wasn't discussed at the meeting and no details were provided.
-By Terence Poon, Dow Jones Newswires; 8610 8400-7799; terence.poon@dowjones.com
(END) Dow Jones Newswires
November 07, 2009 12:27 ET (17:27 GMT)