+34. For the data-collection exercise for high ear ners, high earners should be reported as …

34. For the data-collection exercise for high ear ners, high earners should be reported as …

For the data-collection exercise for high ear ners, high earners should be reported as ‘identified’ staff if they are treated by firms as ‘identified staff’ at the consolidated level or at the individual level, considering the following:

  • a. in Annex I,
i.identified staff should include the identified staff of the institution submitting the data and in its subsidiaries who are subject to the application of the remuneration requirements under Articles 92 and 94 of Directive 2013/36/EU on an individual or consolidated basis; and
ii.staff in subsidiaries who are subject to a specific remuneration framework in accordance with Article 109(4) of Directive 2013/36/EU, but are subject to the remuneration requirements under Article 92 and 94 of that Directive in accordance with Article 109(5) or 109(6) of that Directive;
b. in AnnexII,
i.identified staff should include the identified staff of investment firms that are subject to the application of the remuneration requirements under Articles 30 and 32 of Directive (EU) 2019/2034 on an individual basis; and
ii.where the requirements in Articles 30 and 32 of Directive (EU) 2019/2034 apply on a consolidated basis in accordance with Article 7 of Regulation (EU) 2019/2033, staff in subsidiaries who are not themselves subject to Article 30 and 32 of that Directive whose professional activities have a material impact on the risk profile of the investment firm or on the assets that it manages on a consolidated basis.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/