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Barnier plans May 'green paper' on director pay, duties

By John Rega ( March 22, 2010, 17:25 GMT | Insight) -- The European Commission will in May outline future actions on pay and duties of financial company directors, adding to stricter capital rules and supervision imposed after the crisis, Michel Barnier said. The plan for an informal 'green paper' indicates that any legislation or formal recommendations will take longer to develop.The European Commission will in May outline future actions on pay and duties of financial company directors, adding to stricter capital rules and supervision imposed after the crisis, Michel Barnier said....

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