Financial Services Regulation for Employment & HR Professionals - Remuneration Codes

Introduction

The PRA and FCA regulatory remuneration codes impose a complex set of regulatory requirements on the remuneration that can be awarded to regulated individuals.

It is important for advisers to avoid pitfalls by understanding the additional requirements and constraints imposed by regulation. Getting it wrong can at best undermine a firm’s relationship with its regulator and at worst result in regulatory enforcement sanction for the firm and potentially individuals.

What You Will Learn

This webinar will cover the following:

• Overview of the remuneration codes for different types of firm: dual-regulated, MIFIDPRU firms, AIFMs, UCITS
• Overview of key elements covered by each of the codes
• Consideration of key concepts
• Who are material risk takers (MRTs)?
• Key terms: deferral, malus, and clawback
• Guaranteed variable pay/sign on bonus
• Buyout awards
• Retention awards
• Discretionary pension benefit
• Performance adjustment: malus and clawback
• Termination payments
• Prohibition on hedging
• Breach of the codes

This pre-recorded webinar will be available to view from Monday 14th September 2026

Alternatively, you can gain access to this webinar and 2,300+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.