Concept, design and implementation:
RTS Rieger Team
Responsible for content:
Information supplied conforms to section 5, TMG:
ABACUS Financial Services AG
Robert Händler (CEO)
Phone: + 49 711 6583809-0
Fax: + 49 711 6583809-29
Entry in Commercial Register.
Registration Court: Stuttgart
Register No.: HRB 752016
Sales tax identification no. under section 27, Sales Tax Act:
Federal Financial Supervisory Authority (BaFin)
Graurheindorfer Str. 108
Under section 1, 1 b of the Banking Act, the Remuneration Regulation for Institutions requires all banks and financial services companies to publish details of their remuneration systems at least on their websites. As a result of our size and average total assets for the last three years, ABACUS Financial Services AG is not affected by the reporting requirements for major companies under section 1 of the Remuneration Regulation for Institutions. So a separate risk analysis is not required and sections 5, 6 and 8 of the Remuneration Regulation for Institutions do not apply. At ABACUS, management and employees receive fixed compensation that may be complemented by results and performance-based remuneration (variable remuneration).
The base salary ensures basic compensation according to individual job descriptions and is intended to encourage long-term retention of employees. This makes sure that employees are not significantly dependent on variable remuneration and reduces incentives for taking excessive risks.
Results and performance-related compensation (variable remuneration) is based on the company’s success.
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