PRA and FCA Remuneration Proposals - Response of the City of London Law Society - 13 03 25

The CLLS Regulatory Law Committee responded to the FCA and PRA Consultation Papers on Remuneration Reform.  The reforms are designed to simplify the regime and fulfil the PRA and FCA's secondary objective to facilitate growth in the UK economy, while maintaining a proportionate framework that ensures accountability for risk and appropriate outcomes for consumers and markets.