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  • HC-5.4 HC-5.4 Standard for all Remuneration

    • HC-5.4.1

      Remuneration of approved persons must be sufficient enough to attract, retain and motivate persons of the quality needed to run the licensee successfully, but the licensee must avoid paying more than is necessary for that purpose.

      January 2014

    • Alignment of All Staff Remuneration with Compliance with AML/CFT Requirements

      • HC-5.4.2

        The performance evaluation and remuneration of senior management and staff of the licensee must be based on the achievement of the Key Performance Indicators (KPIs) relevant to ensuring compliance with AML/CFT requirements as specified in Paragraphs FC-2.1.3 and FC-2.1.4.

        Added: April 2020