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Europe Daily Bulletin No. 10730

15 November 2012
ECONOMY - FINANCE - BUSINESS / (ae) banks
Negotiations on CRD IV stumble over bonuses issue

Brussels, 14/11/2012 (Agence Europe) - On Tuesday 13 November, the European finance ministers took note of the differences of opinion which persist between the Council and the European Parliament over the “CRD IV” legislative package designed to bring to the EU the international Basel III rules, which increase the quality and quantity of banks' own finances (see EUROPE 10707). There are two issues still to be resolved: banking bonuses and the treatment of systemic risks. This situation...

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