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Clifford Chance

Clifford Chance
Briefings

Briefings

Implementation of CRD IV – new rules on variable remuneration in banks

10 April 2017

On 1 May 2017 the regulation implementing the provisions of the directive of 26 June 2013 known as CRD IV comes into force. Among other things, it introduces new restrictions on the granting and payment of variable remuneration in banks.

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