2.1 In PS09/15 (published in August 2009), we agreed to review our Code, and amend it as necessary to take account of new developments. These include:
· the coming into force (on 8 June 2010) of the provisions relating to remuneration within the Financial Services Act 2010;
· the need to take into account recent international work on remuneration principles under the auspices of the FSB and at the EU level, most notably the amendments to the CRD3;
· Sir
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