Employment law alert for FCA investment firms: will your remuneration policies and employment contracts be compliant come 2022?

There will be significant changes to how FCA investment firms manage staff remuneration for performance years starting from 1 January 2022. The changes being introduced by the new Investment Firms Prudential Regime (IFPR) will impact all MiFID investment firms, but the scale of the changes will depend on a firm’s classification.