HM Treasury to Challenge Bank Bonus Rules in ECJ

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Explore:  Banks ECJ EU

On September 25, HM Treasury announced that it had lodged a legal challenge with the European Court of Justice on EU legislation governing pay in the banking sector.

The Treasury describes the proposed rules contained in the Capital Requirements Directive IV as not fit for purpose. Announcement.

 

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ECJ
EU

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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