Regulatory AlertsAMF Position DOC-2023-03: MiFID II Remuneration Requirements
The French Autorité des Marchés Financiers (AMF) issued Position DOC-2023-03 to integrate ESMA guidelines on specific aspects of MiFID II remuneration requirements. This position aims to clarify obligations to ensure a common, uniform, and consistent application of Union law across investment service providers. It establishes the regulatory framework for remuneration policies effective from October 3, 2023.
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III - Providers III. 1 - Investment Service Providers III. 1.2. Organization Rules Doctrine Asset Management
MiFID II Remuneration Requirements
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Applicable from October 3, 2023 Position DOC-2023-03
Download Viewed Version Summary AMF Position DOC-2023-03 incorporates ESMA's guidelines on "certain aspects relating to the remuneration requirements of the MiFID II Directive" (ESMA35-43-3565). These guidelines aim to clarify the obligations regarding remuneration requirements to ensure a common, uniform, and consistent application of Union law.
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Article L. 533-10 of the Monetary and Financial Code
Article L. 533-12 of the Monetary and Financial Code
Article L. 533-22-2 and following of the Monetary and Financial Code
Article L. 533-30 and following of the Monetary and Financial Code
Articles 27 and 34 of Delegated Regulation (EU) 2017/565 of the Commission of April 25, 2016
Guidelines on certain aspects of the MiFID II remuneration requirements
Guidelines on certain aspects of the MiFID II remuneration requirements Keywords
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