Brussels, 22/07/2016 (Agence Europe) - The rules on remuneration in credit institutions have helped reduce excessive risk taking and short-termism. They have, however, proved too costly and cumbersome given the prudential benefits they provide, particularly for small organisations operating in this sector, stated the Commission in a report published on Thursday 28 July.
The Commission will carry out an impact study with a view to providing possible clarification of these rules and their...