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****Emma**European Securities and Markets Authorities/2012/20×Guidelines Confirmation of compliance with guidelinesMember/EEA State:BulgariaCompetent authority:Financial Supervision Commissionaire
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Guidelines on sound remuneration are a set of rules and principles that ensure fair and competitive compensation practices within an organization.
Companies, especially financial institutions, are required to file guidelines on sound remuneration to regulatory authorities.
Guidelines on sound remuneration can be filled out by providing detailed information on the organization's compensation structure, including base salary, bonuses, incentives, benefits, and performance criteria.
The purpose of guidelines on sound remuneration is to promote transparency, accountability, and fairness in compensation practices, as well as to prevent excessive risk-taking.
Information such as the organization's compensation policy, governance structure, risk management processes, and compliance with regulatory requirements must be reported on guidelines on sound remuneration.
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