+Guidelines on remuneration policies for sales staff (EBA/GL/2016/06)
---+1. Compliance and reporting obligations
------+Status of these Guidelines
---------+1. This document contains Guidelines issued pursuant to Article 16 of Regulation (EU) No 1093/2010 …
---------+2. Guidelines set the EBA view of appropriate supervisory practices within the European System of …
------+Reporting requirements
---------+3. According to Article 16(3) of Regulation (EU) No 1093/2010, competent authorities must notify …
---------+4. Notifications will be published on the EBA website, in line with Article 16(3).
---+2. Subject matter, scope and definitions
------+Subject matter and scope of application
---------+5. These Guidelines specify requirements for the design and implementation of remuneration policies …
---------+6. These Guidelines provide details on how financial institutions should give effect to specific …
---------+7. These Guidelines do not cover remuneration paid by institutions to credit intermediaries (often …
---------+8. Relevant banking products and services are those which fall within the scope of the legislative …
---------+9. These Guidelines are also without prejudice to the application of stricter requirements …
---------+10. Competent authorities may wish to consider applying these Guidelines also to entities other …
---------+11. Competent authorities may wish to consider applying these Guidelines in relation to persons …
---------+12. Finally, competent authorities may wish to consider extending the remuneration requirements set …
---------+13. Where these Guidelines indicate an outcome, the outcome may be achieved through different …
---------+14. The implementation of these Guidelines is without prejudice to the credit institutions’ …
------+Addressees
---------+15. The Guidelines are addressed to : a. competent authorities as defined in Article 4(2)(i) of …
---------+16. Irrespective of whether an EBA authority is addressed under paragraph 15, where a Member State …
------+Definitions
---------+17. Unless otherwise specified, the definitions provided in the legislative acts referred to in …
------+Outsourcing
---------+18. In the event that the activity of the institution is in whole or in part outsourced to third …
---+3. Implementation
------+Date of application
---------+19. These Guidelines apply from 13 January 2018.
---+4. Guidelines on remuneration policies and practices
------+1. Design
------+2. Documentation, notification and accessibility
------+3. Approval
------+4. Monitoring
English - European Union - Financial Industry -

Guidelines on remuneration policies for sales staff (EBA/GL/2016/06)

Guidelines on remuneration policies for sales staff (EBA/GL/2016/06)

https://www.eba.europa.eu/legacy/regulation-and-policy/regulatory-activities/consumer-protection-and-financial-innovation-5 – PDF

1. Overview

,
Summary Regulation
1. Compliance and reporting obligations

1. Compliance and reporting obligations

2. Subject matter, scope and definitions

2. Subject matter, scope and definitions

3. Implementation

3. Implementation

4. Guidelines on remuneration policies and practices

4. Guidelines on remuneration policies and practices

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement

Linked Issues

  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/