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Which authority will be responsible for establishing the EU-wide guidelines on which banks will establish their bonus limits ?

April 26, 2017authority Banks Bonus eu-wide guidelines limits responsible

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Which authority will be responsible for establishing the EU-wide guidelines on which banks will establish their bonus limits ?

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Until the European banking Authority (EBA) is established, this task will be performed by the Committee of European Banking Supervisors (CEBS). Once established, the EBA will take over and be responsible for issuing technical standards.