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Guidelines - Europa

| ESMA/2013/232 Guidelines Guidelines on sound remuneration policies under the aifmd ESMA CS 60747 103 rue de Grenelle 75345 Paris Cedex 07 France Tel. +33 (0) 1 58 36 43 21 Table of Contents I. Scope _____ 4 II. Definitions _____ 4 III. Purpose _____ 6 IV. Compliance and reporting obligations _____ 6 V. Guidelines on which remuneration is covered by these Guidelines _____ 6 VI. Guidelines on how to identify the categories of staff covered by these Guidelines _____ 8 VII. Guidelines on proportionality _____ 10 Proportionality in general _____ 10 Proportionality with respect to the different characteristics of AIFMs _____ 11 Proportionality with respect of the different categories of staff _____ 12 VIII.

when the national regimes referred to in Article 42 of the AIFMD will be terminated and the passport regime provided for in Articles 37 to 41 of the AIFMD will become the sole and mandatory regime appli-cable in all Member States, as determined by the Commission’s delegated act referred to in Article 68(6) of the AIFMD. 2.

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