Hedge funds caught in EU Capital Requirements Directive

bankers-grasping-money

EU-based hedge fund managers will have to review the way they pay staff after the European Council and Parliament agreed on new regulations governing financial services remuneration.

The regulation will kick in much earlier than similar requirements laid out in the draft alternative investment fund managers (AIFM) directive.

The EU Parliament is expected to vote through next week amendments to the Capital Requirements Directive (CRD) that will force banks and other companies to limit bonus

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