Thursday 21 June 2012

UK: a single figure for remuneration - FRC publishes Financial Reporting Lab's project report

The Financial Reporting Council has published the Financial Reporting Lab’s project report A single figure for remuneration: see here (pdf). The report describes the components of remuneration that the investors involved in the project believe should be contained within a single figure for total remuneration, as well as how these components should be measured and disclosed. The project was undertaken at the request of the Department for Business, Innovation and Skills and will inform the Government's proposals, announced yesterday, for the reform of remuneration disclosure.

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