(Adds more detail)
LONDON, April 26 (Reuters) - Reviewing the cap on banker
bonuses is not a priority for the Bank of England as it decides
whether to keep rules inherited from the European Union, a
senior BoE official said on Monday.
The EU rules limits bonuses to no more than twice a banker's
fixed pay, and were introduced following taxpayer bailouts of
banks in the 2008 global financial crisis.
Most of the European bankers hit by the rule work in London.
The BoE at the time objected to the rule, saying it could
lead to banks ramping up fixed pay to get round the cap, saying
there were other ways of curbing excessive payouts.
Leaving the EU's full orbit last December means that Britain
can ditch or change the rule.
"In the post-Brexit agenda at the moment we have other
issues that we are prioritising," Victoria Saporta, executive
director of the BoE's Prudential Regulation Authority, told
parliament's Treasury Select Committee.
Saporta said the BoE's original arguments against the cap
still stood.
(Reporting by Huw Jones. Editing by Hugh Lawson and Mark
Potter)