Article 10
Staffing policies and procedures
An application for authorisation shall include the following information on the applicant CSD's policies and procedures related to staff:
|
(a) |
a description of the remuneration policy including information about the fixed and variable elements of the remuneration of the senior management, the members of the management body and the staff employed in the risk-management, compliance and internal control, internal audit and technology functions of the applicant CSD; |
|
(b) |
the measures put in place by the applicant CSD to mitigate the risk of over-reliance on the responsibilities entrusted to any individual person. |