Brussels, 21/03/2014 (Agence Europe) - EU Internal Market Commissioner Michel Barnier said on Thursday 20 March that he reserves the right to take action if the new CRD IV rules capping bank bonuses are not respected.
Barnier said he would be paying extra attention to attempts to get round the rules, talking about new types of fixed pay which might be used for part of bonus payments. He said he had written to national bank supervision bodies asking about new bank remuneration practices and...