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Protecting the City of London? UK challenges before the Court of Justice of the European Union.

Schammo, P. (2015) 'Protecting the City of London? UK challenges before the Court of Justice of the European Union.', Company lawyer., 36 (3). pp. 65-66.

Abstract

Reflects on the Advocate General's Opinion in United Kingdom v European Parliament (C-507/13), challenging measures in Regulation 575/2013 and Directive 2013/36 which cap bankers' bonuses on the basis that: (1) the provisions on which the measures were based were inappropriate; (2) they infringed the principle of legal certainty; and (3) the powers vested by the measures were ultra vires. Explains how the ruling effectively "turned on its head" a public discourse argument against the cap.

Item Type:Article
Keywords:Bankers, Bonus payments, EU law, Legal certainty, Ultra vires.
Full text:(AM) Accepted Manuscript
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Status:Peer-reviewed
Publisher Web site:http://www.sweetandmaxwell.co.uk/Catalogue/ProductDetails.aspx?recordid=458&searchorigin=the+company+lawyer&productid=7056
Date accepted:No date available
Date deposited:27 February 2015
Date of first online publication:March 2015
Date first made open access:No date available

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