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Recital 5

Recital 5

(5)When applying the principles regarding sound remuneration policies and practices established by this Directive, Member States should take into account the principles set out in Commission Recommendation 2009/384/EC 4 , the work of the Financial Stability Board and G-20 commitments to mitigate risk in the financial services sector.

  1. 4 Commission Recommendation 2009/384/EC of 30 April 2009 on remuneration policies in the financial services sector ( OJ L 120, 15.5.2009, p. 22 ). ↩
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