Summary
The amendments to the regulations entail that
- remuneration practices and policy must be gender neutral,
- a change in the definition of employees whose tasks have a singificant impact on the firm's risk profile, and
- the deferral of variable remuneration is extended and that some smaller firms and some employees are exempted from the rules on deferral and payment in instruments.
The amended regulations enter into force on 29 December 2020. Amendment 2020:30