13
Personal Investment Strategies
13.1
- (1) A firm must ensure that its employees undertake not to use personal hedging strategies to undermine the risk alignment effects embedded in their remuneration arrangements.
- (2) A firm must ensure that its employees undertake not to use remuneration-related or liability-related contracts of insurance to undermine the risk alignment effects embedded in their remuneration arrangements.
- (3) A firm must maintain effective arrangements designed to ensure that employees comply with their undertaking.
[Note: Art. 94(1)(p) of the CRD and Standard 14 of the FSB Compensation Standards Opens in a new window]
[Note: CRD Opens in a new window]
- 01/07/2015