Regulatory AlertsFG20/5: Dual-regulated firms Remuneration Code (SYSC 19D) FAQs
The Financial Conduct Authority issued this finalised guidance to clarify the application of the EBA Guidelines on sound remuneration policies and the FCA’s Dual-regulated firms Remuneration Code for SYSC 19D firms. The document updates previous FAQs to specifically address banks, building societies, UK designated investment firms, and certain overseas firms within the code's scope. Firms are required to read this guidance alongside the Dual-regulated firms Remuneration Code, general proportionality guidance, and EBA Guidelines to ensure compliance with requirements effective from 1 January 2017.
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