Information on the remuneration policy in relation to the consideration of sustainability risks
Transparency of the remuneration policy in connection with the consideration of sustainability risks (Article 5 of REGULATION (EU) 2019/2088 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 27 November 2019 on sustainability-related disclosures in the financial services sector - Disclosure Regulation)
Our remuneration systems are conducive to the appropriate management of sustainability risks. It is designed in such a way that there are no incentives to take excessive risks. The interests of the client are taken into account at all times within the framework of our remuneration system. Accordingly, there are no incentives to acquire specific assets. There are also no incentives for frequent buying and selling of assets (Turning). Overall, the remuneration system is designed to avoid conflicts of interest. The aforementioned also applies with regard to sustainability risks. The remuneration system is neutral, i.e. there are no incentives to take certain sustainability risks or to avoid them.