On 13 August 2021, the European Commission adopted a:
- Delegated Regulation supplementing the Investment Firms Directive (IFD) with regard to regulatory technical standards (RTS) specifying appropriate criteria to identify categories of staff whose professional activities have a material impact on the risk profile of an investment firm or of the assets that it manages.
- Delegated Regulation supplementing the IFD with regard to RTS specifying the classes of instruments that adequately reflect the credit quality of the investment firm as a going concern and possible alternative arrangements that are appropriate to be used for the purposes of variable remuneration.
Both Delegated Regulations enter into force on the fifth day following their publication in the Official Journal of the EU.