CiliaFormosa Financial Advisors Ltd (“CiliaFormosa”, “CF” or “Company”) has designed and implemented a remuneration policy that ensures that CF maintains and applies a sound and prudent remuneration process which does not impair compliance with the company’s duty to act in the best interest of its customers, which identifies and manages any conflicts of interest, promotes sound and effective risk management and does not encourage risk taking which is inconsistent with the customer’s risk profile and the investment recommendations given to our customers.
The remuneration policy stipulates that the balance between the fixed and variable component of remuneration shall be reasonable and not encourage excessive risk taking.
Employees subject to the Remuneration Policy shall be assessed on their adherence to the Sustainability Risk Policy where this is relevant to their role.
Last update: July 2021