PRA publishes skilled persons data: PRA has published a restatement of the skilled persons reports it commissioned in the third quarter of 2013 and a statement of those commissioned in the fourth quarter. There were 17 reports in all, with just over half relating to banks, and several relating to governance. (Source: PRA Skilled Persons Reports Q3 2013 and PRA Skilled Persons Reports Q4 2013)

PRA provides clarity on increasing bonus ratio: PRA has written to firms setting out its approach to the procedure of the shareholder vote required to increase the permitted ratio of fixed to variable remuneration above the 1:1 basic limit. It says it may amend the relevant provisions in the PRA Handbook to clarify the approach. (Source: Procedure to Increase the Permitted Ratio of Fixed to Variable Remuneration)