The Guardian |
EU moves to crack down on banks dodging bonus cap
The Guardian Michel Barnier, a vice-president of the European commission, with responsibility for financial services, said there could be "a coordinated policy response" to banks that dodge the EU bonus cap by paying allowances to their top staff. The warning comes … Brussels warns City over bankers' allowances to 'sidestep bonus cap' EU Banks Sidestepping Bonus Limits Face Regulatory Crackdown EU Concerned Banks Are Ignoring Rules on Bonus Limits |