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The Financial Services Act 2010 received Royal Assent on 8 April 2010 and includes powers for: HM Treasury to make regulations which require detailed disclosure of executive remuneration in financial sector firms (with effect from 8 April 2010
HM Treasury has now published the Financial Services Bill which, if enacted, will give the Treasury power to make regulations concerning the disclosure of remuneration and will require the FSA to require regulated companies to have remuneration policies that are consistent with effective risk management and international standards, including those adopted by the G20
