Transcription of Final report on
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EBA/RTS/2020/05 18 June 2020 Final report on Draft regulatory technical standards on criteria to definemanagerial responsibility and control functions, a materialbusiness unit and a significant impact on its risk profile, andcategories of staff whose professional activities have a materialimpact on an institution s risk profile Final report ON RTS ON CRITERIA FOR THE IDENTIFICATION OF STAFF 2 Contents 1. Executive Summary 3 2. Background and rationale 5 3. Draft regulatory technical standards 8 4.
FINAL REPORT ON RTS ON CRITERIA FOR THE IDENTIFICATION OF STAFF 3 1. Executive summary Article 92(2) of Directive 2013/36/EU (the Capital Requirements Directive – CRD)1 provides that ‘Member States shall ensure that, when establishing and applying the total remuneration policies,
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