Article 93
Institutions that benefit from government intervention
In the case of institutions that benefit from exceptional government intervention, the following principles shall apply in addition to those set out in Article 92(2):
(a)
variable remuneration is strictly limited as a percentage of net revenue where it is inconsistent with the maintenance of a sound capital base and timely exit from government support;
(b)
the relevant competent authorities require institutions to restructure remuneration in a manner aligned with sound risk management and long-term growth, including, where appropriate, establishing limits to the remuneration of the members of the management body of the institution;
(c)
no variable remuneration is paid to members of the management body of the institution unless justified.