ESMA has published the responses to its consultation on guidelines on sound remuneration policies under the Undertakings for Collective Investments in Transferable Securities (UCITS) Directive and the Alternative Investment Fund Managers Directive (AIFMD) (see FReD 31 July). 27 responses have been made available from a range of asset managers, investment associations and other industry participants. (Source: ESMA Publishes Remuneration Responses)