Paragraph 4: Remuneration committees

I. – The Remuneration Committee prepares the decisions that the Board of Directors, the Supervisory Board or any other body exercising equivalent supervisory functions takes concerning remuneration, in particular those that have an impact on risk and risk management in the credit institution or finance company. This committee or, failing that, the board of directors, the supervisory board or any other body exercising equivalent supervisory functions shall carry out an…

An order of the Minister for the Economy defines the conditions for application of this sub-section.