The Prudential Regulation Authority and Financial Conduct Authority issued Policy Statement PS20/16 to update the Dual-regulated firms Remuneration Code. This update aligns the code with the requirements of CRD V to ensure consistent remuneration practices across dual-regulated firms. The policy reflects the outcome of the preceding consultation CP20/14 and establishes the final regulatory standards effective from the publication date.
Open consultation: CP20/14
03/08/2020
Consultation closed
30/09/2020
Policy Statement
17/12/2020
17/12/2020