Brussels, 11/10/2010 (Agence Europe) - The Committee of European Bank Supervisors (CEBS) has submitted guidelines on pay and bonuses in banking to a public consultation that will run until Monday 8 November 2010. The guidelines will help national supervisors apply the new EU directive setting upper limits on bank bonuses as a proportion of traders' salary (see related article above). A public hearing will be held in the CEBS headquarters in London on Friday 29 October.
The CEBS does not...