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New rules on bankers' bonuses and the amount of capital that banks must hold as a buffer have been approved by the European Parliament by a big majority.
The package was agreed with the 27 EU governments and most of it is likely to take effect on 1 January 2014.
The EU plans to cap bonuses at 100% of a banker's annual salary, or 200% if shareholders approve.
The aim is to curb the sort of high-risk lending that contributed to the financial crash in 2008.
The package, called Capital Requirements Directive 4 (CRD4), brings the EU into line with the so-called "Basel III" rules on banking standards, which set new capital requirements for banks.
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