Article 8 | Delegated Regulation 2021/923 | judict

Updated 05/02/2025

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CRD IV Tool Delegated Regulation 2021/923

Article 8

Article 8 - Delegated Regulation 2021/923

Article 8

Repeal of Delegated Regulation (EU) No 604/2014

Delegated Regulation (EU) No 604/2014 is repealed. That Delegated Regulation, however, shall continue to apply to investment firms as defined in Article 4(1), point (2), of Regulation (EU) No 575/2013 until 26 June 2021.

Table of contents

Recitals Article 1 - Definitions Article 2 - Application of criteria Article 3 - Criteria for determining whether the professional activities of staff members have a significant impact on the relevant material business unit’s risk profile as referred to in Article 94(2), point (b), of Directive 2013/36/EU Article 4 - Staff members or categories of staff the professional activities of which have an impact on the institution’s risk profile that is comparably as material as that of staff referred to in Article 92(3) of Directive 2013/36/EU Article 5 - Qualitative criteria Article 6 - Quantitative criteria Article 7 - Calculation of the average total remuneration for members of the management body and senior management and of variable remuneration awarded Article 8 - Repeal of Delegated Regulation (EU) No 604/2014 Article 9 - Entry into force