EU lawmakers and member states agree bonus curbs for fund managers

EU lawmakers and member states agreed on the 25 February 2014 curbs on fund managers' pay similar to new rules for bankers, including a three-year deferral of 40% of bonuses, legislation that could be in place in 2015.

• Primary Source

ESO: Background information: EU to approve new banking rules including bonus cap http://www.europeansources.info/record/eu-tightens-up-bank-lending-rules-and-bonuses/

ESO: Background information: EU hedge funds face pay threat http://www.europeansources.info/record/eu-hedge-funds-face-pay-threat/

---