FCA guidance on proportionality in the operation of certain remuneration provisions
In January 2014, the FCA issued guidance on proportionality in the operation of certain remuneration provisions.
The remuneration provisions have been among the Alternative Investment Fund Managers Directive’s (AIFMD’s) most controversial elements. Three of these provisions in particular have attracted industry attention: retained structures, deferral and performance adjustment.
Subject to various conditions, the retained structures rules require full-scope alternative investment fund managers (AIFMs) to ensure that at least 50 per cent of any variable remuneration consists of units or shares (or of equivalent ownership interests, etc) of the AIF concerned…
Click on the link below to read the rest of the Wragge & Co briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Wragge Lawrence Graham & Co
News from The Lawyer
Briefings from Wragge Lawrence Graham & Co
Common issues that can arise when signing contracts with overseas companies.
Good news for those selling copies of iconic works as proposed repeal is put on back burner;