EACB position on ESMA's remuneration guidelines

The Members of the European Association of Co-operative Banks (EACB) are pleased to receive the opportunity to comment on ESMA’s Guidelines on remuneration policies and practices (MiFID).
EACB has focused its response mainly on the actual draft guidelines (Annex V) which will provide the basis for the recommendations to be implemented by the national supervisors and has incorporated ESMA’s questions into these remarks.