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Towards far more stringent remuneration policy requirements for the banks?
The broad majority of the EU Finance Ministers who gathered in Brussels on Tuesday, 5 March 2013, has accepted a compromise package, the so-called “CRD IV” amending the EU rules on capital and prudential requirements for banks and investment firms. The proposed package will replace the current Capital Requirements Directives (2006/48 and 2006/49) with a directive governing access to deposit-taking activities and a regulation which establishes prudential requirements that must be respected by institutions.
The legal package which is the outcome of the negotiations between the European Parliament, the European Commission and the Council reporting in this respect to the Committee...
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