14 Amendments of Neena GILL related to 2017/0358(COD)
Amendment 22 #
Proposal for a directive
Recital 20
Recital 20
(20) To align remuneration with the risk profile of investment firms and to guarantee a level-playing field, investment firms should be subject to clear principles on corporate governance arrangements and rules on remuneration that are gender neutral and that take into account the differences between credit institutions and investment firms. Small and non- interconnected investment firms should however be exempted from those rules because the provisions on remuneration and corporate governance under Directive 2014/65/EU are sufficiently comprehensive for those types of firms.
Amendment 86 #
Proposal for a directive
Article 28 – paragraph 1 – point a
Article 28 – paragraph 1 – point a
(a) the remuneration policy is clear and documented, documented and is gender neutral: same or similar type of jobs will be equally remunerated regardless of gender;
Amendment 102 #
Proposal for a directive
Article 29 – paragraph 1 – introductory part
Article 29 – paragraph 1 – introductory part
Member States shall ensure that where an investment firm benefits from extraordinary public financial support as defined to in Article 2(1)(28) of Directive 2014/59/EU, the following requirements apply:it does not pay any variable remuneration.
Amendment 104 #
Proposal for a directive
Article 29 – paragraph 1 – point a
Article 29 – paragraph 1 – point a
Amendment 106 #
Proposal for a directive
Article 29 – paragraph 1 – point b
Article 29 – paragraph 1 – point b
Amendment 108 #
Proposal for a directive
Article 29 – paragraph 1 – point c
Article 29 – paragraph 1 – point c
Amendment 110 #
Proposal for a directive
Article 29 – paragraph 1 – point c
Article 29 – paragraph 1 – point c
(c) the investment firm shall only pay variable remuneration to members of the management body of the investment firm where such remuneration has been approved by the competent authority and when the extraordinary public financial support comes to an end.
Amendment 111 #
Proposal for a directive
Article 29 – paragraph 2
Article 29 – paragraph 2
Amendment 116 #
Proposal for a directive
Article 30 – paragraph 1 – point a
Article 30 – paragraph 1 – point a
(a) where variable remuneration is performance related, the total amount of variable remuneration shall be based on a combination of the assessment of the performance of the individual, regardless of the gender, of the business unit concerned and of the overall results of the investment firm;
Amendment 135 #
Proposal for a directive
Article 31 – paragraph 3
Article 31 – paragraph 3
3. When preparing the decisions referred to in paragraph 2, the remuneration committee shall take into account the public interest and the long- term interests of shareholders, investors and other stakeholders in the investment firm and ensure that the remuneration policy decisions are gender neutral.
Amendment 138 #
Proposal for a directive
Article 32 – paragraph 3
Article 32 – paragraph 3
3. EBA, in consultation with ESMA, shall issue guidelines on the application of sound and gender neutral remuneration policies. Those guidelines shall take into account at least the requirements referred to in Articles 28 to 31 and principles on sound remuneration policies set out in Commission Recommendation 2009/384/EC43. _________________ 43 Commission Recommendation 2009/384/EC of 30 April 2009 on remuneration policies in the financial services sector (OJ L 120, 15.5.2009, p. 22).
Amendment 142 #
Proposal for a directive
Article 33 – paragraph 1 – point b
Article 33 – paragraph 1 – point b
(b) the geographical location as well as the sustainable nature of an investment firm’s exposures;
Amendment 144 #
Proposal for a directive
Article 33 – paragraph 1 – point f
Article 33 – paragraph 1 – point f
(f) governance arrangements and gender policy of investment firms and the ability of members of the management body to perform their duties.
Amendment 166 #
Proposal for a directive
Article 37 – paragraph 1 – point e
Article 37 – paragraph 1 – point e
(e) the investment firm repeatedly fails to establish or maintain an adequate level of additional capital as set out in Article 38(1).