Regulatory Alerts2023-05-10
Added · Updated
PS23/17: Remuneration: enhancing proportionality for small firms
The Financial Conduct Authority issued Policy Statement PS23/17 to enhance proportionality in remuneration rules for small firms. The document finalizes changes to the Remuneration Code to reduce regulatory burden while maintaining high standards. These measures aim to ensure that compliance costs are appropriate for the size and complexity of smaller financial institutions.
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