September 13th 2018

Member Query – FS Regulators

Given the expectations of FS regulators on ensuring the incentive arrangements for control functions are independent of the entities they exercise control over, a member is interested in understanding how the incentives of control functions (risk, compliance, audit, actuarial) are structured.  They have asked, are they aligned to:
1. Group performance?
2. Another entity?
3. Their business’ scorecard excluding any financial performance measures?
4. A bespoke scorecard relating to control functions only e.g. risk metrics and qualitative assessments?
5. Individual performance only?

This resource is available to PARC members only. To access, please log in with your username and password.

If you are not a member of the PARC network and are interested in membership please contact Richard Hargreaves, Commercial Director, on +44 (0) 20 3457 2630 or at

Register Interest OR