This document provides an overview of the remuneration rules for alternative investment fund managers (AIFMs) under the Alternative Investment Fund Managers Directive (AIFMD). It summarizes the key requirements for AIFM remuneration policies including identifying "identified staff", ensuring remuneration is appropriately risk-adjusted, requiring a portion of variable pay be deferred, and disclosure of remuneration practices. The document also discusses proportionality principles, where requirements can be tailored based on the size, nature and complexity of the AIFM. Overall, the guidelines aim to ensure remuneration structures do not encourage excessive risk taking and are consistent with other financial sector regulations.