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BBC News – Bankers’ bonuses: Blow to UK’s cap challenge

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  • BBC News – Bankers’ bonuses: Blow to UK’s cap challenge

    The Advocate General of the EU Court of Justice has rejected the UK’s challenge to its cap on bankers’ bonuses. The cap restricts bonuses to 100% of banker’s pay or 200% with shareholder approval. Advocate General Niilo Jääskinen gave an opinion that the EU legislation limiting the ratio was valid. The cap on the ratio […]

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