On March 4, 2015, the EBA launched a public consultation on its guidelines on sound remuneration policies. The guidelines specify the criteria for allocation of remuneration components into either fixed or variable remuneration, clarify the way in which the remuneration rules in CRD IV should be interpreted by regulators and generally aim to ensure compliance with the bonus cap requirements introduced by CRD IV. The consultation period ends on June 4, 2015.
The consultation is available at: http://www.eba.europa.eu/documents/10180/1002374/EBA-CP-2015-03+%28CP+on+GLs+on+Sound+Remuneration+Policies%29.pdf.
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