3. Approval

3.1. The management body approves and retains ultimate responsibility for the institution’s remuneration policies and practices.

3.2. The management body should seek advice from the remuneration committee where established on the institution’s remuneration policies and practices in relation to the fulfilment of these Guidelines.

3.3. Where established, the compliance function should confirm that the remuneration policies and practices comply with these Guidelines.

3.4. Changes to the remuneration policies and practices should only be made with the approval of the management body.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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