Summary
A new EU directive establishing tailored regulatory and supervisory rules for investment firms to ensure financial stability and a level playing field. 10 11.11.2020
Other
finance
economy
european union
public administration
business and competition
Key points
- Establishment of a specialized regulatory framework specifically for investment firms to address their unique risk profiles.
- Harmonization of initial capital requirements across the EU, with levels determined by the specific services a firm is authorized to provide.
- Implementation of strict rules on variable remuneration, including requirements for deferring payments to align staff interests with long-term stability.
- Strengthening of supervisory powers, allowing authorities to conduct on-the-spot inspections and require additional capital if risks are not adequately covered.
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