Regulatory Alerts2025-04-16
Added · Updated
CSSF Circular 25/884 on EBA Guidelines for Sound Remuneration Policies and Clarifications for SNI IFR Investment Firms
The CSSF applies the EBA Guidelines on sound remuneration policies (EBA/GL/2021/13) to non-SNI IFR investment firms, requiring compliance with gender-neutral policies, governance arrangements, and variable remuneration structures for identified staff. Circular CSSF 07/290 is modified in scope and ceases to apply to these firms. SNI IFR investment firms continue to comply with Circular CSSF 10/437. This circular applies with immediate effect.
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