Adapting your employment contracts to the FSA's new Code? We offer you a free consultation

The Financial Services Authority's Remuneration Code, which came into force at the start of this year, is about to be revised and expanded. According to the FSA, the new Code will be published in mid December. It will then come into effect on 1 January 2011 and employers will be expected to apply the new Code to remuneration paid on or after that date.

The new Code is expected to cover about 2,500 FSA-authorised firms, including all banks and building societies, most investment and hedge fund managers and some corporate finance and venture capital firms, as well as financial advisers, brokers and others. UK corporate groups will be expected to apply the Code globally; UK subsidiaries of foreign companies will have to apply it to all entities within their UK subsidiary group. Employers will become subject to much more restrictive rules governing the types and amounts of remuneration which can be awarded.

If you think your business will be affected by the new rules and you want to know what changes should be made to your employment contracts, we would like to offer you a private, one-to-one 45 minute free consultation with a panel of three Taylor Wessing partners: Ann Casey (Employee Incentives), Andrew Granger (Employment) and Jonathan Rogers (Financial Services).

This offer is open from today until 31 December 2010 and is subject to availability.

For further information, and to book your free consultation with our panel, please contact Andrew Granger's secretary, Liz Hood.

Lawyers Andrew Granger, Ann Casey, Jonathan Rogers