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Europe Daily Bulletin No. 10930

27 September 2013
ECONOMY - FINANCE - BUSINESS / (ae) banking
Barnier not surprised at UK going to court over bonus cap

Brussels, 26/09/2013 (Agence Europe) - On Wednesday 25 September, EU Internal Market Commissioner Michel Barnier said: “I am not surprised that the UK has decided to bring this issue in front of the Court, having been the only Member State to object to the rules in the framework of CRD 4,” (see EUROPE 10828). He was referring to the UK taking the bank bonus cap to the European Court of Justice.

“I continue to believe that a tough framework for bonuses is necessary to ensure financial...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
SOCIAL - EDUCATION
COURT OF JUSTICE OF THE EU
EXTERNAL ACTION