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

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

20th November 2014, 13:10:PM

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

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

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