Guidelines on remuneration policies for sales staff
- Status: Final and translated into the EU official languages
The EBA has identified poor remuneration policies and practices as a key driver of miss-selling of retail banking products and services. These draft Guidelines on remuneration policies and practices are aimed at providing a framework for financial institutions to implement remuneration policies and practices that will improve links between incentives and the fair treatment of consumers, reduce the risk of mis-selling and resultant conduct costs for firms.