2023-05-10

Added 2026-06-23 · Updated 2026-07-08

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.

United Kingdom

Financial Conduct Authority

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Consultation opens

12/05/2023

Consultation closes

09/06/2023

Policy Statement

05/12/2023

05/12/2023