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    2024-01-01

SYSC TP 12 Updates to the dual-regulated firms Remuneration Code transitional provision

1

Material to which the transitional provision applies

R/G

Transitional provision

Transitional provision: dates in force

Handbook provision: coming into force

11

The changes made to SYSC 19D by the Senior Management Arrangements, Systems and Controls Instrument 2023.

R

A firm must apply SYSC 19D in the form in which it applied on 7 December 2023 to remuneration awarded in respect of a performance year starting before 8 December 2023.

8 December 2023

8 December 2023