Under the terms of the new deal, which is subject to qualified majority voting, bankers' bonuses will be limited to a maximum of one year's base salary, or twice the salary if a large majority of shareholders agree.
It comes as part of a financial reform package, including the introduction of higher capital requirements for banks, intended to prevent a repeat of the financial crash of 2008.
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Can you guess what film the cow was trying to watch?
New 'smart ticketing' plans will also be introduced so travellers can receive automatic compensation payments for late trains.
The 41-year-old father of six died last Thursday - a week before he and the band had been due to begin touring in North America.