Amending capital requirements: The 'CRD-V package'
In May 2019, the European Parliament and the Council (the co-legislators) adopted the legislative proposals amending the Capital Requirements Directive and Regulation, which establish the prudential framework for financial institutions operating in the EU. The amendments implement the most recent regulatory standards for banks, set at international level ('Basel III framework'). They also address some regulatory shortcomings and aim to contribute to sustainable bank financing of the economy. The final acts were published in the Official Journal on 7 June 2019. The new provisions will for the most part apply as of 2021. Fourth edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.
Briefing
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- BUSINESS AND COMPETITION
- business classification
- business organisation
- civil law
- company in difficulties
- cooperation policy
- credit institution
- directive (EU)
- economic conditions
- economic stabilisation
- ECONOMICS
- EUROPEAN UNION
- European Union law
- FINANCE
- financial aid
- financial institutions and credit
- financial intervention
- financial services
- financial solvency
- free movement of capital
- interest
- INTERNATIONAL RELATIONS
- investment company
- LAW
- liquidity control
- monetary crisis
- monetary economics
- monetary relations
- proposal (EU)
- small and medium-sized enterprises