Corporate governance requirements for listed companies and firms within the financial services sector have increased substantially in recent years.
Levels of executive pay regularly hit the headlines and shareholders are more likely than ever to vote against pay packages and policies.
Firms in the financial services sector have to comply with UK and EU legislation which impose restrictions on the structure and, in some cases, the quantum of remuneration.
We advise listed companies on corporate governance issues arising from the UK Corporate Governance Code, the Listing Rules, the Directors’ Remuneration Policy rules and institutional investor guidelines.
We have a deep understanding of the UK Remuneration Codes and regularly advise firms on how to structure their remuneration to be compliant with these Codes and complete their Remuneration Policy Statements.
Our specialist employment team can also advise you on the Senior Managers Certification Regime.
SDR implementation: Taking the time to get it right: Wendy Saunders writes for Professional Adviser15 May 2023
In October 2022, the Financial Conduct Authority (FCA) published consultation paper CP22/20 Sustainability Disclosure Requirements (SDR) and investment labels. The consultation closed in January 2023. In this update we set out a broad overview of matters covered by the consultation, how it fits into the broader ESG regulatory landscape, where we are now and next steps.