Prudential Regulation Authority Rulebook

5.1

A firm must comply with this Part in a way 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(1) of the CRD]

[Note: CRD]

5.3

12.2, 15.15 to 15.19, 15.20(2) and (3A), 15.20A to 15.23 and 15A do not apply to a firm that is a small CRR firm or a small third country CRR firm.