77. The remuneration requirements of Directive (EU) 2019/2034 and the provisions of these …

The remuneration requirements of Directive (EU) 2019/2034 and the provisions of these guidelines apply to investment firms in Member States independent of the fact that they may be subsidiaries of a parent investment firm or an institution in a third country. Where an EU subsidiary of an parent investment firm in a third country is a Union parent undertaking, the scope of prudential consolidation does not include the level of the parent investment firm located in a third country and other direct subsidiaries of that parent investment firm. The Union parent undertaking should ensure that the group-wide remuneration policy of the parent investment firm in a third country is taken into consideration within its own remuneration policies as far as this is not contrary to the requirements set out under relevant EU or national law, including 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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