Remuneration Reporting Regulations

Question 1

Regulations on remuneration were introduced in October 2013. The remuneration report of a company is in two parts. What are these?

Answer 1

1. Policy report setting out the company’s remuneration policy and the key factors taken into account in setting that policy
2. Implementation report setting out actual payments to the directors and details on the link between company’s performance and pay for the financial year.
3. Implementation report is published annually.