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Europe Daily Bulletin No. 10790

21 February 2013
ECONOMY - FINANCE - BUSINESS / (ae) banking
Parliament stands its ground on upper limits on bank bonuses

Brussels, 20/02/2013 (Agence Europe) - On Tuesday 19 February, representatives of the European Parliament and the EU Council of Ministers failed to reach agreement on the draft CRD IV legislation to introduce the Basel Committee agreement on bank capital requirements (see EUROPE 10787 and 10784) because of the European Parliament sticking to its guns over its demand for a strict cap on bank bonuses, a politically sensitive issue that was not part of the initial draft legislation. If...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICY
SOCIAL AFFAIRS - CULTURE - EDUCATION
EXTERNAL ACTION