FX.co ★ The EU Banks Will Disclose the List of Employees with Salary Over 1 Million Euro

Financial organizations of the European Union must bring to public the number of its employees whose salary exceeds one million Euro. Such requirements were proposed by the EU authorities, - the Financial Times informed.
According to the European Commission, such data must arrive from European banks to the European Banking Authority (EBA). In such a way, EU authorities are intended to tighten the monitoring over the local banking sector.
In the middle of July EBA published the stress-tests results run in the European banks targeted to bring to light the steadiness of credit organizations in case of possible crisis. It came clear that 8 of 91 banks failed the tests, and 16 more passed the examinations by a narrow squeak.
The European Union earlier announced that banks which would not handle the stress-tests and would not attract the investor’s capital further, those will get the State support.