All articles for the topic: regulation

URI: 
http://vocabulary.semantic-web.at/CBeurovoc/C3099
Alternative labels: 
regulatory provision

EU top court set to throw out UK bank bonus challenge

BRUSSELS - The UK is set to lose its legal battle to overturn EU rules capping bank bonuses after a top legal officer in the European Court of Justice (ECJ) said London's case had "no legitimate grounds".

The rules, which came into force this year, limit bankers' bonuses to the equivalent of their salary. Payments worth up to two times salary may be permitted but only on the basis of a vote by shareholders. 

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Enhanced services

The principle behind the proposed law is that all internet traffic should be treated equally regardless of its source.

MEPs feared that unless new rules were put in place, internet providers might threaten to slow down traffic from data intensive services - such as video-on-demand and cloud storage - unless the firms behind them paid a fee.

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