IMA has published its response to ESMA’s consultation on guidelines on remuneration policies and practices for MiFID firms. Its main concerns are that the requirements should be proportionate and global. It notes several areas where EU policies that go further than international standards could cause problems for EU firms or put them at a competitive disadvantage. (Source: IMA Response on MiFID Remuneration Guidelines)
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IMA responds on MiFID remuneration guidelines
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