Regulatory Technical Standards on pay out in instruments for variable remuneration under the Investment Firms Directive (IFD)

status: Under development

These draft Regulatory Technical Standards (RTS) introduce requirements for investment firms for AT1, Tier 2 and Other Instruments used for the purposes of variable remuneration, to ensure that they appropriately reflect the credit quality of the investment firms as a going concern, and define for Tier 2 and Other Instruments the write-down, write-up and conversion mechanisms.

Press Release

Consultation Papers