ESMA issues Guidelines on Remuneration Practices under UCITS and AIFMD
The European Securities and Markets Authority (ESMA) has published today two sets of Guidelines: Guidelines on Sound Remuneration under UCITS (UCITS Remuneration Guidelines) and Guidelines on Sound Remuneration under the AIFMD (AIFMD Remuneration Guidelines). UCITS Remuneration Guidelines The UCITS Remuneration Guidelines provide clarity on the requirements under the UCITS Directive for management companies when establishing …
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