105. The management body has the ultimate responsibility for the identification process and the …

The management body has the ultimate responsibility for the identification process and the respective policy. The management body in its supervisory function should:

• a. approve the identification process policy as part of the remuneration policy;
• b. be involved in the design of the self-assessment;
• c. ensure that the assessment for the identification of staff is properly made in accordance with Directive (EU) 2019/2034, the RTS on identified staff and these guidelines;
• d. oversee the identification process on an ongoing basis;
• e. approve any material exemptions from or changes to the adopted policy and carefully consider and monitor their effect;
• f. approve or oversee any exclusion of staff in accordance with the RTS on identified staff where the investment firm deems that the quantitative criteria defined in the RTS on identified staff are not met by the staff, as they, in fact, do not have a material impact on the risk profile of the investment firm or the assets it manages;
• g. periodically review the approved policy and, if needed, amend it.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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