Alerts

FSA Remuneration Code Update: Delayed Publication of Final Rules on Remuneration

November 3, 2010

The UK Financial Services Authority (“FSA”) has recently announced a delay to the anticipated publication date for its policy statement (“PS”) and final rules on revising its Remuneration Code (“Code”). The PS and the final Code were due to be published in mid-November 2010, but will now be published in mid-December 2010 – giving firms only three weeks to put the Code into effect.