171. In particular, they should assess whether: a) the outline of the remuneration policy is in …

In particular, they should assess whether: a) the outline of the remuneration policy is in line with the institution’s envisaged risk appetite, its business strategy and its long-term interests, and it is envisaged to be maintained, approved and overseen by the management body; b) it envisages that staff who have a material impact on the institution’s risk profile will be appropriately identified in line with Article 92(3) and Article 94(3) CRD; c) it foresees specific remuneration requirements for those particular staff, inter alia (i) a ratio between variable and fixed remuneration in line with point (g) of Article 94(1) CRD and (ii) the pay-out in instruments, the deferral arrangements including malus and clawback in line with points (l), (m) and (n) of Article 94(1) CRD⁶¹ .

9.4.4 Compliance function

⁶¹ With specific regard to the derogations foreseen in Article 94 (3) and (4) CRD.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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