On 26 July 2021, the PRA inserted new documents into its webpage on strengthening accountability. Under the heading “Self-assessment templates and tables” the PRA has added updated remuneration policy statement templates for firms. The PRA states that firms are advised to read these templates in light of the PRA policy statement on updating requirements on the identification of material risk takers. The templates have been updated to reflect changes made to the Remuneration Part of the PRA Rulebook following Policy Statement 26/20 ‘Capital Requirements Directive V’. Further templates will be published this November.
