The European Association of Co-operative Banks(EACB)is highly supportive of the Opinion of the European Banking Authority from 21 December 2015 on the application of the principle of proportionality to the remuneration provisions in Directive 2013/36/EU (EBA Opinion on Remuneration). It reflects most of our concerns for proportionate rules on remuneration and rightly advisesfor legislative amendments of the CRD IV to accommodate them.
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