Category Archives: Remuneration Code
FCA’s Consultation on CRD IV
You will probably have seen by now the FCA’s CP13/6 on CRD IV. One of the bigger areas of discretion that FCA is dealing with in this consultation is the question of what treatment they should apply to firms that …
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Tagged in: BIPRU, Capital, CRD IV, Expert Wtiness, FCA, FCA visit, Financial Conduct Authority, Remuneration Code, s166, skilled person
Remuneration code strikes UCITS
In the eternal struggle between consistency and rectitude, consistency usually wins. Would you rather be consistent or right? When “both” is not an option, everyone says that they go for “right”, but what they do is go for consistent, …
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Tagged in: AIFMD, Expert Wtiness, FCA, FCA visit, Financial Conduct Authority, Remuneration Code, s166, skilled person, UCITS
Remuneration Code and Super-equivalence
Yesterday’s stricture of the Governor of the Bank of England, insisting that banks build up their capital base, is a timely reminder of two other key and current issues. It points out how important it is that UK regulators should …
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Tagged in: Expert Wtiness, FCA, FCA visit, Financial Conduct Authority, Remuneration Code, s166, skilled person, superequivalence