European Union:
Final European Proposal For New Bank Capital Rules
02 April 2013
De Brauw Blackstone Westbroek N.V.
To print this article, all you need is to be registered or login on Mondaq.com.
The European Council and the European Parliament reached
agreement on a proposal for new bank capital standards,
implementing the Basel 3 agreement. The new rules will be voted on
by the European Parliament on 15 April 2013 and are expected to be
adopted without any material changes. The rules, known as the
"CRD 4 package" provide for:
- additional capital requirements
- liquidity requirements
- capital conservation buffers
- systemic risk buffers
- additional requirements for variable remuneration policies
- governance and transparency requirements.
The CRD 4 package is expected to directly apply to banks and
investment firms as of 1 January 2014.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from European Union
Asset Recovery Comparative Guide
Bird & Bird
Asset Recovery Comparative Guide for the jurisdiction of UK, check out our comparative guides section to compare across multiple countries
FCA's Consultation Paper
Cadwalader, Wickersham & Taft LLP
Since 3 January 2018, firms that provide portfolio management or investment advice on an independent basis must pay for the research they obtain...
AIFMD II: Main Amendments
Kromann Reumert
The directive amending the Alternative Investment Fund Managers Directive ("AIFMD II") has been adopted and will enter into force on 15 April 2024 with a transposition deadline two years later...
To The Point: Financial Regulation | 03/2024
Schoenherr Attorneys at Law
Welcome to our to the point newsletter. Every month, we are looking back at the most relevant developments in the area of financial regulation in the CEE region.