New FSA Remuneration Rules

October 2009
Venulex Legal Summaries;2009 Q4, Special section p1
The article discusses the scope of the revised Remuneration Code to be published by the British Financial Services Authority (FSA) in 2010. The code covers the largest banks, building societies and broker dealers in Great Britain. The code was reviewed to monitor its effectiveness. Remuneration policies are required to comply with such rules as performance measurement and deferral.


Related Articles

  • FSA unveils packaged bank account crackdown. Holt, Natalie // Mortgage Strategy (Online Edition);7/27/2012, p4 

    The article offers information on the plan of British regulator Financial Services Authority to monitor the promotion of packaged accounts advertised with monthly costs alongside yearly benefits. Starting March 31, 2013, British banks and building societies will be required to check the...

  • Regulator castigates lenders on staff training standards.  // Design Week (Online Edition);6/30/2011, p33 

    The article offers information on the Financial Services Authority (FSA), regulator of financial services in Great Britain that has criticized the lenders for not having adequate staff training programmers to focus on mortgage fraud prevention. It informs that the regulators visited 20 banks and...

  • FSA forces lenders to display compensation information. Norman, Tessa // Mortgage Strategy (Online Edition);12/14/2011, p1 

    The article reports on the move of the Financial Services Authority (FSA) to oblige all banks, credit unions, and building societies in Great Britain to display how much compensation can the depositors claim if the firms were to fail. It mentions that the move is part of an effort to improve...

  • FCA firms to plug FSA pension deficit. Holt, Natalie // Money Marketing (Online Edition);10/30/2012, p16 

    The article reports on the publication of a new regulatory structure by the Financial Services Authority (FSA) for adviser firms regulated by the Financial Conduct Authority (FCA) for 2013-2014. According to the FSA, dual-regulated banks, building societies, and insurers will be required to...

  • Cause for complaint over the big banks. Pow, Helen // Money Marketing;5/6/2010, p16 

    The article reports that the Financial Services Authority (FSA) has taken action on poor standards of handling complaint on banking groups in Great Britain.

  • U.K. Overhaul Strengthens Central Bank.  // American Banker;6/17/2010, Vol. 175 Issue 93, p16 

    The article discusses a reconfiguration of the banking regulatory system in Great Britain, including the division of the Financial Services Authority into three separate agencies.

  • U.K. Banks Step Up Compliance Hires.  // American Banker;11/9/2010, Vol. 175 Issue 172, p16 

    This article discusses fines and rules of compliance for banks from Great Britain's Financial Services Authority.

  • 'Banks fear reprisals if they criticise FSA to MPs'. Tolley, Steve // Money Marketing;3/10/2011, p5 

    The article reports on the statement of Mark Garnier at a PanaceaIFA event in London, England in March 2011 regarding the reluctance of banks in Great Britain to speak against the Financial Services Authority (FSA) due to fear of reprisals.

  • Spreading the increases across all sectors is unfair.  // Mortgage Strategy;7/16/2012, p018 

    The article comments on the plan of the British Financial Services Authority (FSA) to pass increased fees for extra regulation to the banks and main culprits of misselling.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics