Regulatory Technical Standards on pay out in instruments for variable remuneration under the Investment Firms Directive (IFD)

Under development

These draft Regulatory Technical Standards (RTS) introduce requirements for investment firms for AT1, Tier 2 and Other Instruments used for the purposes of variable remuneration, to ensure that they appropriately reflect the credit quality of the investment firms as a going concern, and define for Tier 2 and Other Instruments the write-down, write-up and conversion mechanisms.

Press Release

Consultation Papers