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Image header Agence Europe
Europe Daily Bulletin No. 10160
Contents Publication in full By article 23 / 33
GENERAL NEWS / (eu) eu/financial services

MEPs want tight bankers' pay and bonus rules

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...

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