Remuneration policy: recent developments – Philippe-Emmanuel Partsch

The last weeks have been quite intense in terms of legislative and regulatory work in the field of remuneration policy. It suffices to mention in this respect the formal adoption by the EU Council and the publication in the Official Journal of the CRD IV package consisting of the Capital Requirements Directive and Regulation, the publication on the ESMA website of the Guidelines on remuneration policies and practices in the context of MiFID and the publication of the final text of the ESMA Guidelines on sound remuneration policies under the AIFMD. This contribution aims at describing briefly the key principles of these legal texts and indicates what should be done by financial market participants in order to ensure their compliance in due time with the new requirements. to discover the full article, please visit the PDF below

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