EU Securities Watchdog Sets Pay Rules To Protect Investors
Law360, London (July 19, 2021, 1:32 PM BST) -- A European Union watchdog set out guidelines on Monday to help investment companies reward staff in a way that avoids conflicts with their duty to offer clients the best products, in line with the bloc's MiFID II rulebook for securities.
The European Securities and Markets Authority has published draft guidance for asset managers on how they should set out their remuneration policies to comply with the updated Markets in Financial Instruments Directive.
The markets regulator said in the draft guidelines that management at investment firms should set out rules that take into account remuneration as an employee's career progresses, not just...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!