On 23 November 2016, the EC published the proposal for amendments to the Capital Requirements Directive and Regulation, commonly referred to as CRD V/CRR II. The proposed directive and accompanying regulation finalise Basel III in Europe and implement the revisions to capital and liquidity standards since agreed globally at the Basel Committee for Banking Supervision. The rules impact a wide range of institutions from small firms to global systemically important banks.
This one-page analysis of the proposal summarises key points and next steps.
EC proposes CRDV/ CRR II
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