Regulatory Alerts2025-10-20
Added · Updated
Update on the consultation of the new Regulation on Sound Remuneration Policies 2021
The Regulation on Sound Remuneration Policies 2021 (Rbb 2021) remains unchanged following consultation, though it is clarified that the Authority for Financial Markets (AFM) decides on requests for alternative arrangements. The regulation applies immediately upon entry into force, with amended rules covering bonuses awarded in spring 2022 for the 2021 performance year. Investment firms invoking proportionality rules must still identify staff materially affecting risk profiles, though they are exempt from specific sections 14, 15, and Part 17 of Annex A. The entry into force is delayed until the Senate adopts the Implementation Act for the Directive on Prudential Supervision of Investment Firms.
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