65. As part of the central and independent internal review, investment firms should assess whether …

As part of the central and independent internal review, investment firms should assess whether the overall remuneration policies, practices and processes:

• a. operate as intended (in particular, that approved policies, procedures and internal rules are being complied with; that the remuneration pay-outs are appropriate, in line with the business strategy; and that the risk profile, long-term objectives and other goals of the investment firm are adequately reflected);
• b. are compliant with national and international regulations, principles and standards; and
• c. are consistently implemented across the group and do not limit the investment firm’s ability to ensure a sound capital base in line with section 6 of these guidelines.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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