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  • HC-10.5 HC-10.5 Officers' Remuneration

    • HC-10.5.1 HC-10.5.1

      The CMSP should remunerate approved persons fairly and responsibly.

      July 2011

      • HC-10.5.3

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

        Added: April 2020

      • HC-10.5.2

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

        July 2011

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