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Written question asked by Lord Myners (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Thursday, 20 January 2011.


Banking

Question
To ask Her Majesty’s Government, further to the answer by Lord Sassoon on 11 January (Official Report, col. 1333), whether they will place in the Library of the House the names of the 2,500 United Kingdom banks covered by the Remuneration Code.
Answer

The Financial Services Authority's (FSA) recently published policy statement ““PS10/20”” (www.fsa.gov.uk/pages/Library/Policy/Policy/2010/10 _20.shtml) sets out the application of the FSA's revised Remuneration Code to firms. In particular, pages 32 to 37 set out the nature of the code's proportionate application, and describes the manner and describes the kinds of firms that will be covered by the rules.


Secondary information

Type
Written question
Reference
5819; 724 c57-8WA
Session
2010-12
Related items
Banking: Bonuses
Tuesday, 11 January 2011
Parliamentary proceedings
House of Lords
Subjects
Codes of practice Banks Pay
Link
View this Written question on www.publications.parliament.uk