EU rule capping bankers’ bonuses ‘could be scrapped after Brexit’

Mark Carney says bonus cap could be among tweaks made to financial regulations when UK leaves in March 2019

The governor of the Bank of England has raised the prospect that, after Brexit, the EU rule which puts a cap on bankers’ bonuses could be scrapped.

Mark Carney, a long-standing critic of the bonus rules, listed the cap as among the tweaks that could be made to financial regulations when the UK leaves the EU in March 2019.

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