REGULATION AND GUIDANCE

摘要

Companies on the Official List are subject to a new requirement in relation to their directors' remuneration report for financial years beginning on or after 6 April 2009. The requirement, which was introduced by para 4, Sch 8 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, means that those companies must now include a statement in their directors' remuneration report setting out how pay and employment conditions of employees of the company (and other undertakings within the same group) were taken into account when determining directors' remuneration for the relevant financial year.