ACA Global

 

The UK's Investment Firm Prudential Regime

Q&A: Understanding the new Remuneration Rules

 

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The UK’s Investment Firms Prudential Regime (“IFPR”) comes into force on 1 January 2022, applicable to all FCA-authorised investment firms providing MiFID services. 

One of the more challenging aspects of IFPR is a more prescriptive approach to remuneration. Firms will want to understand the new rules as soon as possible, identify the potential problem areas and make the necessary adjustment to their remuneration policies and processes.

Download our essential Q&A to help you better understand your remuneration rule requirements under the IFPR, including the following topics:

  • When do the new rules kick in?
  • Does the principal of proportionality still apply to remuneration?
  • Which categories of staff are caught by the requirements, and to which forms of remuneration do they apply?
  • What are the basic requirements for a Remuneration Policy (applying to all firms, including SNI and non-SNI)?
  • What about carried interest and co-investment arrangements (for all firms)

 

Questions?

Our experienced Prudential team are on hand with a wide range of solutions designed to help make your IFPR and regulatory reporting obligations as simplified and seamless as possible. Complete the form or call +44 (0) 20 7042 0500 to connect with us.