Investment Management Association

The subject matter is clear. However, with regard to scope, the treatment of groups, comprising firms in and out of the scope of CRD (IV), in terms of supervision, remuneration and reporting is not clear and requires resolution, at least in the United Kingdom.
Yes.
Yes.
Yes.
We believe that as CRD IV/R came into force in 2014, the 2014 performance year would be more appropriate for the data collection. As stated above, the treatment of groups has yet to be resolved and systems development takes time.
As the treatment of groups has yet to be resolved and systems development takes time, firms may have go through the exercise to comply and then find out that they are no longer in scope.
Irving Henry
I