Regulatory Alerts2014-11-18
Added · Updated
Proportional Application of Remuneration Rules to Identified Staff
Differentiation among categories of identified staff is permitted provided reasons are substantiated and transparent, with specific thresholds determining the rigor of control measures. Staff receiving variable remuneration exceeding one monthly salary or EUR 10,000 are subject to stricter regimes, requiring at least 50% deferral if variable pay is 150% of fixed pay, and 60% deferral if it reaches 200%. A minimum of 60% of variable remuneration must be retained and deferred for most identified staff, while those in the same remuneration bracket as executive management face identical control measures.
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