22 May 2019
The Capital Requirements Directive IV (CRD IV) introduced several remuneration principles in order to curb excessive risk taking and short termism in the financial services sector. At the end of last week, the European Council formally adopted the text of CRD V. CRD V makes several amendments to CRD IV. It will be published in the EU Official Journal in June and Member States then have until 1 January 2021 to transpose it into national law.
In this client briefing, we address the remuneration aspects of CRD V.