+254. When setting the actual deferral period and proportion to be deferred in accordance with the …

254. When setting the actual deferral period and proportion to be deferred in accordance with the …

When setting the actual deferral period and proportion to be deferred in accordance with the minimum requirements under Article 32(1) (l) of Directive (EU) 2019/2034, investment firms should consider:

  • a. the responsibilities and authorities by identified staff and the tasks they performed;
  • b. the business cycle and nature of the investment firm’s activities;
  • c. expected fluctuations in the economic activity and performance and risks of the investment firm and business unit and the impact of identified staff on these fluctuations;
  • d. the ratio between the variable and fixed components of the total remuneration and the absolute amount of variable remuneration.

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
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