MiFID investment firms must be ready to:
- Comply with the FCA’s new Investment Firms Prudential Regime (the IFPR) from 1 January 2022; and
- Apply the FCA’s new MIFIDPRU Remuneration Code from the start of their next performance period, beginning on or after that date.
On Tuesday 2 November, partners, Chris Finney, Joanna Chatterton and Peter Wright discussed:
- The new rules on the establishment and operation of Risk, Remuneration and Nomination Committees
- The Basic, Standard and Extended Remuneration Code requirements for MiFID investment firms
- Gender neutral remuneration policies, under the FCA’s new rules and UK employment law