6.2. Transparency towards staff and the public

Statutory and regulatory framework

  1. Brokerage Supervision Act: Article 86
  2. Delegated Regulation 575/2013 (Articles 435 and 450) and Regulation (EU) 2019/2033 (Articles 46 to 53)
  3. NBB circulars: /
  4. International reference documents:
  • EBA/GL/2021/14 on internal governance => paragraphs 208 to 211

 

6:12 The firm’s strategies, policies and procedures should be communicated to all relevant staff throughout the firm. For more information, please see paragraphs 208 and 201 of EBA/GL/2021/14.

6:13 As regards transparency towards the public, Article 86 of the Brokerage Supervision Act requires firms to publish on their website the relevant information from their governance memorandum, including at least the items referred to in paragraph 211 of EBA/GL/2021/14.

6:14 Disclosure of the risk management objectives and policies is governed directly by Article 48 et seq. of Regulation (No) 2019/2033. The firm should publish minimum information concerning its governance, risk management policy, equity, remuneration policy, investment policy, environmental, social and governance risks, etc.  Please see Regulation (No) 2019/2033 for more information on this subject.