On 17 December 2020, the FCA published its final Policy Statement on the implementation of the CRD V remuneration rules. This will affect credit institutions and dual-regulated investment firms, who will be subject to CRD V from performance years commencing on or after 29 December 2020.
As the FCA states, the position is closely aligned to that of the PRA, published the previous week – although there seem to remain some points of divergence.
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