Prudential Regulation Authority Rulebook

5.1

A firm must comply with this Part in a way and to the extent that is appropriate to its size, internal organisation and the nature, the scope and the complexity of its activities, when establishing and applying the total remuneration policies for material risk takers.

5.2

5.1 does not apply to the requirement in 7.4 for significant firms to have a remuneration committee.

[Note: Art. 92(2) of the CRD]

[Note: CRD]