On 14 July 2026, the FCA published proposals to revoke the AIFM, UCITS and MIFIDPRU remuneration codes and related guidance, replacing them with a single code for all solo-regulated firms. Why it matters: These changes would impact all FCA solo-regulated firms as well as existing FCA supervised MIFIDPRU consolidation groups. These changes would impact all FCA solo-regulated firms as well as existing FCA supervised MIFIDPRU consolidation groups. __________On 14 July 2026, the UK Financial Conduct Authority (FCA) published CP 26/27, setting out proposals to overhaul the regulatory remuneration framework for solo-regulated firms. The FCA proposes to revoke the existing remuneration codes for investment firms (SYSC 19G: MIFIDPRU Remuneration Code), alternative investment fund managers (SYSC 19B: AIFM Remuneration Code) and UK Undertakings for Collective Investment in Transferable Securities (UCITS) management companies (SYSC 19E: UCITS Remuneration Code), along with the related guidance, and replace them with a single, unified code (SYSC 19AA).