The European Banking Authority (EBA) published a list of responses received to its May 2013 consultation paper on draft regulatory technical standards on criteria to identify categories of staff whose professional activities have a material impact on an institution's risk.  The RTS, if implemented, would widen the definition of staff subject to the most stringent pay regulation, including for the purposes of the CRD IV bonus cap.  The responses are available on the EBA website.  Website.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.