18. Where variable remuneration is awarded, such awards should be based on the investment firms’ …

Where variable remuneration is awarded, such awards should be based on the investment firms’, staff’s and, where applicable, business units’ performance and take into account the risks taken. The remuneration policy should make a clear distinction with regard to the variable remuneration and the performance assessment between the operating business, corporate and control functions. Investment firms should consider which elements of the remuneration policy on the variable remuneration of identified staff under Article 32 of IFD should be included in the remuneration policy for all staff.

1. Overview

1.1 References

• Article 32 Variable remuneration

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/