Code Staff
From ACT Wiki
UK
Term applied to senior management, risk takers and staff in control functions in banks, building societies, some investment firms and alternative investment fund managers whose remuneration is subject to the UK Financial Conduct Authority's [Remuneration Codes].
The FCA system was introduced 2010. The European Union required similar provisions under the Capital Requirements Directive IV (CRD IV) and they came into force in 2014 as the Commission's Delegated Regulation with regard to RTS on Identified Staff, and use the term "identified staff". "Code Staff" continues to be used in the UK.
