Remuneration Code changes now in force - What do you need to know? | Bryan Cave Leighton Paisner
Summary Amendments have been made to the FCA’s Dual-Regulated firms Remuneration Code under SYSC 19D and the Remuneration Part of the PRA Rulebook (together the “Remuneration Codes”) to implement the remuneration aspects of the EU Capital Requirements Directive V (“CRD V”). CRD V builds on CRD IV and introduces additional measures to reduce risks in the banking sector, including amending the requirements which apply to remuneration policies. For those firms already subject to the Remuneration Codes – namely banks, building societies and PRA-designated investment firms – the ...
Source: jdsupra.com