EBA GL 2021 13 – GLs on sound remuneration policies for investment firms

EBA has published an updated version of the compliance table for its „GLs on sound remuneration policies for investment firms“.
To recall, these Guidelines (EBA/GL/2021/13) were published in November 2021 to take effect five months later. The alignment of the frameworks for credit institutions and investment firms ensures a level playing field and cross-sectoral consistency, while the application of the principle of proportionality is taken into account.
The present compliance table sets out which member states now comply or intend to comply with the guidelines and – in the latter case – by which date such compliance is expected. The table also provides comments from member states who do not (intend to) comply as to the reasoning of the local regulators.
The revised version reveals that Austria now complies with the ESMA guidelines.