Extensible business reporting language and Identified Staff: Difference between pages
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imported>Doug Williamson (Create page - source - FASB - https://www.fasb.org/Page/ShowPdf?path=XBRL__Academic_Research-A_Workshop_on_How_to_Pull_XBRL_Data.pdf&title=XBRL%20in%20Academic%20Research:%20A%20Workshop%20on%20How%20to%20Pull%20XBRL%20Data%20(July%202021)%20Presentation%) |
imported>John Grout (To create entry) |
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Term applied to staff whose professional activities have a material impact on the risk profile of the institutions concerned - credit institutions and investment firms. | |||
Such staff's remuneration is subject to provisions that seek to ensure that remuneration is consistent with sound and effective risk management and provides an incentive for prudent and sustainable risk taking as set out in Articles 92 to 94 of the [http://ec.europa.eu/internal_market/bank/regcapital/legislation_in_force_en.htm#maincontentSec1 Capital Requirements Directive IV ([[CRD IV]])]. They came into force in 2014 as the Commission's [http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2014.167.01.0030.01.ENG Delegated Regulation with regard to [[RTS]] on Identified Staff]. | |||
The UK introduced similar provisions in 2010 but using the term "[[Code Staff]]". Use of this terminology continue in the UK. | |||
Revision as of 12:54, 16 February 2015
EU
Term applied to staff whose professional activities have a material impact on the risk profile of the institutions concerned - credit institutions and investment firms.
Such staff's remuneration is subject to provisions that seek to ensure that remuneration is consistent with sound and effective risk management and provides an incentive for prudent and sustainable risk taking as set out in Articles 92 to 94 of the Capital Requirements Directive IV (CRD IV). They came into force in 2014 as the Commission's Delegated Regulation with regard to RTS on Identified Staff.
The UK introduced similar provisions in 2010 but using the term "Code Staff". Use of this terminology continue in the UK.
