Regulatory Alerts2025-10-15
Added · Updated
PS25/15: Remuneration reform
The changes to the remuneration rules for dual-regulated firms come into force on 16 October 2025 and apply to a firm’s performance year starting after that date. Firms may optionally apply some changes to the ongoing performance year as of 15 October 2025, or to remuneration awarded in previous years but not yet vested. These modifications affect banks, building societies, and PRA-designated investment firms, and include changes to the dual-regulated firms Remuneration Code (SYSC 19D).
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