The FSA has published its Consultation Paper setting out proposed revisions to its Remuneration Code to reflect the requirements of the amended Capital Requirements Directive (CRD III) and the provisions of the UK Financial Services Act 2010. The revised Code will apply to all banks, building societies and MiFID investment firms, extending the scope of the Code from the current 27 to approximately 2,500 firms. This briefing focuses on some of the key concerns and issues raised by clients in relation to the proposed new rules.
To read the full briefing, please click here.
Key contacts
Steve Bell
Managing Partner - Employment, Industrial Relations and Safety (Australia, Asia), Melbourne
Emma Rohsler
Regional Head of Practice (EMEA) - Employment Pensions and Incentives, Paris
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