Regulatory Technical Standards (RTS) specifying criteria to identify categories of staff whose professional activities have a material impact on an institution’s risk profile (the so-called “material risk takers”) as well as the types of instruments that can be used for paying bonuses have just been published in the Official Journal of the European Union. This contribution aims at describing briefly the key points of the above-mentioned RTS. To download the document, please click on the link below

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Philippe-Emmanuel Partsch

Philippe-Emmanuel Partsch is the partner in charge of the EU Financial & Competition Law practice of Arendt & Medernach. He specialises in EU and Luxembourg competition law, regulatory aspects of mergers and acquisitions, State aid rules, EU banking and financial law, tax law, telecommunications, public procurement and environmental law. Philippe-Emmanuel advises a wide range of public and private clients, both nationally and internationally, on EU and competition law and sectoral regulation. He represents them before regulatory authorities and the EU and national courts. In addition, he is a member of several high-level Committees within the Luxembourg financial sector and of the Comité Fra...

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