95. When applying quantitative criteria defined in EUR, investment firms which award remuneration …

When applying quantitative criteria defined in EUR, investment firms which award remuneration in a currency other than the euro should convert the applicable thresholds using either the internal exchange rate used for the consolidation of the accounts or the exchange rate used by the Commission for financial programming and the budget for the month where the remuneration was awarded or the exchange rate for the last month of the investment firm’s financial year . The investment firm should document the applicable method to determine the exchange rate in their remuneration policy.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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