# The Capital Requirements (Amendment) (EU Exit) Regulations 2018, Regulation 24: Regulation 36 (employee remuneration)


In regulation 36 (employee remuneration)—
(a) the existing wording becomes paragraph (1) of the regulation;
(b) for sub-paragraph (b) substitute—
“(b) collect information on the number of employees in each institution that are remunerated 1 million euros or more per financial year, in pay brackets of 1 million euros, including their job responsibilities, the business area involved and the main elements of salary, bonus, long-term award and pension contribution;”;
(c) in sub-paragraph (c), for “Article 94(1)(g)(ii) of the capital requirements directive” substitute “applicable remuneration rules”;
(d) omit sub-paragraph (d) and the “and” preceding it;
(e) after paragraph (1) insert—
“(2) In paragraph (1)(c) “applicable remuneration rules” means—
(a) in the case of PRA-authorised persons, rule 15.10 of the Remuneration Part of the PRA’s Rulebook and rule 19D.3.49 of the FCA’s Senior management arrangements, Systems and Controls sourcebook;
(b) in the case of FCA-authorised persons, rule 19A.3.44A of the FCA’s Senior management arrangements, Systems and Controls sourcebook.”.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111174661/regulation/24 (the official version)
Page: https://openlegislation.uk/draft-capital-requirements-amendment-eu-exit-regulations-2018/regulation-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

