Brussels, 31/01/2012 (Agence Europe) - EU Internal Market Commissioner Michel Barnier has warned the financial world that if it continues to pay out over-generous bonuses while everyone else is tightening their belts, or if there is significant bending of the rules, then the European Commission will tighten up existing legislation. He was speaking on Monday 30 January, at a European Parliament hearing on application of the Capital Requirements Directive - CRD III.
Barnier said there were...