Tag: financial services

Showing 60 out of 62 results

27 April 2011

UK: FSA publishes proposed Remuneration Code guidance

On 21 April 2011, the FSA published a number of draft guidance documents to assist firms in complying with the revised FSA Remuneration Code (the …

12 December 2010

UK: FSA issues final form remuneration code

On Friday 17 December 2010, the FSA issued its revised Remuneration Code (the "Code") containing its interpretation of the remuneration principles …

11 November 2010

UK: FSA consults on remuneration disclosure requirements

The Financial Services Authority (FSA) has published a consultation on the implementation of remuneration disclosure requirements based on those set out …

05 November 2010

UK: Guidance may require the FSA to reconsider its interpretation of CRD III

The Committee of European Banking Supervisors ("CEBS") has published its consultation paper setting out guidelines on the implementation of the …

11 August 2010

UK: FSA to apply revised Remuneration Code to 2,500 firms to take account of CRD III

The FSA has published its Consultation Paper setting out proposed revisions to its Remuneration Code to reflect the requirements of the amended Capital …

29 July 2010

UK: FSA announces plans to update its Remuneration Code to take into account CRD III

The FSA has announced a consultation on plans to update its Remuneration Code in order to incorporate the proposed remuneration rules of the Capital …

02 July 2010

EU agreement to tough restrictions on bonuses

The European Parliament and Council have, this week, announced proposed amendments to the Capital Requirements Directive, aimed to tackle the "excessive …

09 December 2009

UK: FSA publishes feedback on extension of FSA remuneration policies to other FSA-authorised firms

With all eyes focussed on today's Pre-Budget Report, it is worth noting that the FSA has published a feedback statement (FS09/05) on whether to extend …

29 November 2009

UK: The Financial Services Bill - remuneration aspects

The Government has now published its much-touted Financial Services Bill which, according to the HM Treasury press notice, includes "tougher rules on pay …

27 October 2009

Global convergence of the regulation of financial sector remuneration

Remuneration excesses in the financial sector are widely blamed (whether rightly or wrongly) for contributing to the 2008 financial crisis. During 2009 …

12 August 2009

UK: FSA publishes Remuneration Policy Statement

Following completion of its consultation on proposals to implement a code of practice on remuneration policies, the FSA has published the responses …

30 March 2009

UK: Reforming remuneration practices in financial services - the FSA's consultation

The FSA's consultation paper CP09/10, entitled "Reforming remuneration practices in financial services", made its appearance in the wake of the …