182. Where remuneration is fixed remuneration in accordance with the guidelines in section 7, but …

Where remuneration is fixed remuneration in accordance with the guidelines in section 7, but is paid out in instruments, investment firms and competent authorities should consider if the instruments used turn the fixed component of remuneration into a variable component of remuneration, as a link to the performance of the investment firm is established. Investment firms should not use financial instruments as part of the fixed remuneration to circumvent variable remuneration requirements and the instruments used should not provide incentives for excessive risk taking.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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