Thursday October 5 2017
News Source: Fund Regulation
Focus: AIFMD
Type: General
Country: European Union
The European Securities and Markets Authority (ESMA) has published guidelines on sound remuneration policies under the AIFMD.
Article 16(3) of Regulation (EU) No 1095/2010 (the ESMA Regulation) requires national competent authorities to inform ESMA whether they comply or intend to comply with each Guideline or recommendation they issue. If a competent authority does not comply or does not intend to comply it must inform ESMA of the reasons.
All Member States listed currently comply or intend to comply, with Hungary, Slovenia, Italy and Iceland falling under the latter bracket.
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