114. When applying the principle of proportionality, competent authorities should consider the …

When applying the principle of proportionality, competent authorities should consider the criteria laid down in the EBA Guidelines on sound remuneration policies, in particular whether the investment firm is authorised to provide the services and activities referred to in Directive 2014/65/EU, point (2), (3), (4), (6) and (7) of Section A of Annex 1. In such case the competent authority should as a general principle expect a higher level of sophistication, in particular, if the investment firm is authorised to hold clients’ money or assets.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.