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Europe Daily Bulletin No. 10812

22 March 2013
ECONOMY - FINANCE - BUSINESS / (ae) banking
Another stage reached in new Basel III bank capital rules

Brussels, 21/03/2013 (Agence Europe) - On Wednesday evening, the Irish Presidency of the Council of the EU and the European Parliament reached final agreement on the CRD IV package of legislation transposing into the European Union the Basel III prudential bank rules (see EUROPE 10790). The EU rules set an upper limit on variable pay for bankers from 1 January 2014 onwards with bonuses limited at no more than the fixed salary (1: 1 ratio), with exceptions allowed if the majority of...

Contents

A LOOK BEHIND THE NEWS
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU