The U.K.’s banking and financial services regulators have recently issued guidance updating their approach to handling applications to approve acquisitions of U.K.‑regulated businesses. This guidance is of interest to...more
11/21/2024
/ Control Test ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
General Partnerships ,
Hedge Funds ,
Limited Partnerships ,
Private Equity ,
Prudential Regulation Authority (PRA) ,
Significant Influence Test ,
UK ,
UK Brexit
The PRA and FCA have announced that the U.K. will be removing the bonus cap for individuals working in U.K. banks.
The U.K.’s remuneration rules for the banking and financial services sector were introduced in the wake of...more