2022/23 FCA letter to Remuneration Committee Chairs – level one Banks, Building Societies and PRA investment firms

The FCA published its 2022/23 letter to Remuneration Committee Chairs of proportionality level one Banks, Building Societies and PRA designated investment firms on 2 August 2022. As in previous years, key areas of focus remain ensuring that remuneration policies foster a strong culture of risk-management and accountability and promoting ESG considerations and diversity and inclusion … Read more

EU hands down positive GDPR adequacy decision in the nick of time

The decision, made on 28 June 2021, recognises that the UK’s data protection standards are “adequate” which enables the continued free flow of data between the UK and EU. Vice-President of the European Commission, Vera Jourava, explained the thinking behind the long awaited decision: “The UK has left the EU but today its legal regime … Read more