Brussels, 15/06/2010 (Agence Europe) - On Monday 14 June, MEPs on the European Parliament's economic and financial affairs committee adopted a draft report by Arlene McCarthy (S&D, UK) on the draft Basel III Directive on bank pay and bonus policy and capital requirements for complicated financial products and deals included in negotiating portfolios (see EUROPE 9941). They set out details of rules on pay and bonuses at banks that have received public funding or bailouts. The hope is still...