Birdwatch Note Rating
2023-10-25 18:30:57 UTC - HELPFUL
Rated by Participant: A9152FF50805E4CA4DD021B9C3990093949FB6A3AFE7890B4A57BC127412A73E
Participant Details
Original Note:
The announcement was made by the Financial Conduct Authority and Prudential Regulation Authority, who have independent rulemaking power, not Rishi Sunak. https://www.bankofengland.co.uk/prudential-regulation/publication/2023/october/remuneration-ratio-between-fixed-and-variable-components-of-total-remuneration https://www.legislation.gov.uk/ukpga/2000/8/part/9A/chapter/1/crossheading/general-rulemaking-powers-of-the-fca-and-the-pra
All Note Details