The Amendment to the Regulation on the Corporate Governance Principles of Banks, issued by the Banking Regulation and Supervision Agency (the “BRSA”) was published in the Official Gazette dated June 9, 2011 and numbered 27959. Such amendment has changed Principle 6 provided under the Annex of the Regulation and implemented new wording on the compliance of the wages policy with the ethical values, strategic targets and internal balances of banks. The main points of the amendment are: (i) a salary policy shall be formed and revised at least once every year, and, (ii) the criteria for performance payments shall be included in the banks’ yearly activity report.