FSA consults on remuneration disclosure requirements

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The UK Financial Services Authority (FSA) has published a consultation paper on the implementation of remuneration disclosure requirements based on those set out in the Capital Requirements Directive (CRD III). Under the amended CRD, firms are required to disclose information about their remuneration policies and payouts on an annual basis in their Pillar III disclosures under Basel II.

The areas the FSA is consulting on are derived from the Financial Stability Board's principles and

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