The Financial Conduct Authority has published a consultation paper in which it sets out proposed changes to the FCA Handbook in respect of investment firms as part of the transposition of CRD IV: see here (pdf). In one of the chapters, the FCA sets out its proposals for implementing the limits on the ratio of variable to fixed components of remuneration: these are to be included in the Remuneration Code (SYSC 19A).
Friday, 11 October 2013
UK: FCA consults on CRD IV implementation for investment firms
The Financial Conduct Authority has published a consultation paper in which it sets out proposed changes to the FCA Handbook in respect of investment firms as part of the transposition of CRD IV: see here (pdf). In one of the chapters, the FCA sets out its proposals for implementing the limits on the ratio of variable to fixed components of remuneration: these are to be included in the Remuneration Code (SYSC 19A).
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