Brussels, 28/02/2013 (Agence Europe) - Representatives of the European Parliament and member states reached agreement in principle in the evening of Wednesday 27 February on the CRD IV draft legislation to introduce into the EU the Basel Committee agreement on bank capital requirements for the 8,000 or so banks in the European Union (see EUROPE 10790). EP has won its way on bank bonuses and, if confirmed, the final version of the new rules will be endorsed by the EP in April.
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