EBA: Revised standards to identify staff with material impact on the institutions’ risk profile

The EBA published on 18th June 2020 the final draft Regulatory Technical Standards (RTS) covering the criteria to identify all categories of staff whose professional activities have a material impact on the institutions’ risk profile (risk takers).

The RTS aims to define and harmonize the criteria for the identification of such staff and to ensure a consistent approach across the EU.

This article provides further insight on the qualitative and quantitative criteria defined in the RTS.