Response to consultation on Guidelines on remuneration policies for investment firms
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Subject matter
While we appreciate the transitional period provided, we note that any changes that impact individual contracts may need a longer period for implementation due to the rights of staff under labour laws. We find that this should be adequately reflected un-der item paragraph 11.
Question 1: Are the subject matter, scope and definitions appropriate and sufficiently clear?
See also the attached document for further remarksSubject matter
While we appreciate the transitional period provided, we note that any changes that impact individual contracts may need a longer period for implementation due to the rights of staff under labour laws. We find that this should be adequately reflected un-der item paragraph 11.