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  1. Point in time
    2021-11-30

SYSC Sch 2 Notification requirements

SYSC Sch 2.1G

1

  1. (1)

    The aim of the guidance in the following table is to give the reader a quick overall view of the relevant notification requirements.1

  2. (2)

    It is not a complete statement of those requirements and should not be relied on as if it were.1

  3. (3)

    Table1

    1Handbook reference

    Matter to be notified

    Content of the notification

    Trigger event

    SYSC 19A.3.4R(3)

    Where an overseas firm deems an employee not to be Remuneration Code staff

    Matter described in SYSC 19A.3.4R(3)

    Matter described in SYSC 19A.3.4R(3)

    SYSC 19A.3.44CR

    The decision by the shareholders,members or owners of the firm to approve a higher maximum ratio between the fixed and variable components of total remuneration

    Matter as described in SYSC 19A.3.44CR

    Matter as described in SYSC 19A.3.44CR

    2

    SYSC 19D.3.51R

    The decision by the shareholders, members or owners of the firm to approve a higher maximum ratio between the fixed and variable components of total remuneration

    Matter as described in SYSC 19D.3.51R

    Matter as described in SYSC 19D.3.51R