Earlier this year the Financial Services Authority consulted on changes to its remuneration code and stated that a policy statement would be published this month, with new rules taking effect on 1 January 2011: see here. However, in the latest edition of the FSA's Handbook development newsletter, available here (pdf), it's stated that the policy statement (and presumably the revised code) will be published next month.
Friday 5 November 2010
UK: FSA's remuneration code - policy statement on proposed changes delayed
Earlier this year the Financial Services Authority consulted on changes to its remuneration code and stated that a policy statement would be published this month, with new rules taking effect on 1 January 2011: see here. However, in the latest edition of the FSA's Handbook development newsletter, available here (pdf), it's stated that the policy statement (and presumably the revised code) will be published next month.
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