On 26 June 2014, the regulatory technical standards (“RTS”) on the criteria to be applied in determining categories of staff whose professional activities impact upon a firm’s risk profile came into force. The RTS are directly applicable across the EU. The European Commission published, on the same day, FAQs on the RTS which, amongst other things confirm that the RTS are not an exhaustive set of criteria and that firms are expected to apply other appropriate criteria in order to meet the regulatory obligations on remuneration.