Regulatory Disclosures
UK Remuneration Disclosure:
EMIM maintains a remuneration policy in accordance with the applicable provisions of the FCA’s Remuneration Code as defined in SYSC 19G as applicable to SNI firms with reference to the guidance set out by the FCA in a proportionate manner that reflects the size, internal organisation and nature of the firm and the scope and complexity of the activities of EMIM and this proportionate approach is reviewed at least annually. The Board is responsible for overseeing the implementation of the policy and ensuring its compliance with the remuneration code. The policy considers the appropriate balance between fixed and variable remuneration as well as the constraints in place to avoid a conflict of interest between staff incentives and the best interests of customers. Its aims are to promote sound and effective risk management, to encourage responsible business conduct, to limit risk-taking and avoid conflicts of interest, to align employee’s interests with the EMIM’s long-term strategy and objectives and to be gender neutral. For the 12 months period ending 31 December 2023, EMIM staff’s remuneration consisted of aggregate fixed remuneration of £471,000. No variable remuneration was awarded to any staff during this period.
South Africa Regulatory:
Emerging Markets Investment Management Limited is authorised by the Financial Sector Conduct Authority as a licensed Financial Services Provider (FSP) with FSP number 50135 and complies with the Financial Advisory and Intermediary Services Act, 2002 (the Act).