Regulatory Alerts2025-04-16
CSSF Circular 25/884 on EBA Guidelines for Sound Remuneration Policies and Clarifications for SNI IFR Investment Firms
The CSSF issued Circular 25/884 to apply the European Banking Authority's guidelines on sound remuneration policies under Directive (EU) 2019/2034. The document provides specific clarifications regarding the remuneration requirements applicable to Small Non-Interconnected Investment Firms (SNI IFR). This regulatory update ensures alignment with the EBA/GL/2021/13 standards for investment firms operating under the specified directive.
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