45. In order that shareholders can make informed decisions in line with paragraphs 43 and 44, the …

In order that shareholders can make informed decisions in line with paragraphs 43 and 44, the supervisory function should ensure that the investment firm provides them with adequate information regarding the remuneration policy designed to help them to assess the incentive structure and the extent to which risk taking is being incentivised and controlled as well as the overall cost of the remuneration structure. Such information should be provided well in advance of the relevant shareholders’ meeting. Detailed information on remuneration policies and on their modifications, on procedures and decision-making processes to set a remuneration package should be provided and include the following:

• a. the remuneration components;
• b. main characteristics and objectives of the remuneration packages and their alignment with the business and risk strategy, including the risk appetite and corporate values of the investment firm;
• c. how it is ensured that the remuneration policy is gender neutral;
• d. how the points under (b) are taken into account in ex ante/ex post adjustments, in particular for identified staff.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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